Overview of Raionzumanshon Yaizu (ライオンズマンション焼津)
Raionzumanshon Yaizu (ライオンズマンション焼津) is a 36-year-old condominium located at Yaizu Shi Eki Kita 1 Choume 2-3 (焼津市駅北1丁目2-3), Shizuoka, Japan. Built in 1990, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Aoki Kensetsu (青木建設).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 580〜2,200万円 (approx. $38,667–$146,667 USD at ¥150/$).
Unit sizes range from 57.3–117.7 sqm (617–1267 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥18.1万/sqm (approx. $1,207/sqm or $112/sqft).
Location & Neighborhood
The property is located at Yaizu Shi Eki Kita 1 Choume 2-3 (焼津市駅北1丁目2-3), Shizuoka, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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