Overview of Ekureeru Tagajou Chuuou Hiruzu 2 (エクレール多賀城中央ヒルズ２)
Ekureeru Tagajou Chuuou Hiruzu 2 (エクレール多賀城中央ヒルズ２) is a 30-year-old condominium located at Tagajoushi Chuuou 2 Choume 23-3 (多賀城市中央2丁目23-3), Miyagi, Japan. Built in 1996, it comprises 101 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nishimatsu Kensetsu , Taiboku Kensetsu (西松建設、 大木建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,080〜2,380万円 (approx. $72,000–$158,667 USD at ¥150/$).
Unit sizes range from 59.9–77.4 sqm (645–833 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.2万/sqm (approx. $1,878/sqm or $174/sqft).
Location & Neighborhood
The property is located at Tagajoushi Chuuou 2 Choume 23-3 (多賀城市中央2丁目23-3), Miyagi, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 101 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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