Overview of Rizootoraifutoogen (リゾートライフトーゲン)
Rizootoraifutoogen (リゾートライフトーゲン) is a 36-year-old condominium located at Akiru Noichi Itsukaichi 190-2 (あきる野市五日市190-2), Tokyo, Japan. Built in 1990, it comprises 12 units in a Reinforced Concrete (RC) structure. It was constructed by Rizootoraifutoogen Kanrikumiai (リゾートライフトーゲン管理組合).
Pricing & Floor Plans
Based on 4 past listings, prices have ranged from 950〜1,250万円 (approx. $63,333–$83,333 USD at ¥150/$).
Unit sizes range from 53.0–53.0 sqm (570–570 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 3K (3-bedroom w/ kitchen).
Location & Neighborhood
The property is located at Akiru Noichi Itsukaichi 190-2 (あきる野市五日市190-2), Tokyo, Japan. It is a 3-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.
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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