Overview of Aruburu Mishima (アルブル三島)
Aruburu Mishima (アルブル三島) is a 26-year-old condominium located at Mishima Shichou Fuku 84-4 (三島市長伏84-4), Shizuoka, Japan. Built in 2000, it comprises 51 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 1,200〜2,180万円 (approx. $80,000–$145,333 USD at ¥150/$).
Unit sizes range from 68.7–89.8 sqm (739–967 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.4万/sqm (approx. $1,427/sqm or $133/sqft).
Location & Neighborhood
The property is located at Mishima Shichou Fuku 84-4 (三島市長伏84-4), Shizuoka, Japan. It is a 57-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 51 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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