Overview of Mezondoferii (メゾンドフェリー)
Mezondoferii (メゾンドフェリー) is a 37-year-old condominium located at Sendaishi Miyaginoku Nitta 4 Choume 18-12 (仙台市宮城野区新田4丁目18-12), Miyagi, Japan. Built in 1989, it comprises 57 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥12.9万/sqm (approx. $861/sqm or $80/sqft).
Location & Neighborhood
The property is located at Sendaishi Miyaginoku Nitta 4 Choume 18-12 (仙台市宮城野区新田4丁目18-12), Miyagi, Japan. It is a 9-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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 57 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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