Overview of Sanmanshon'atore Higashimuki Nichi (サンマンションアトレ東向日)
Sanmanshon'atore Higashimuki Nichi (サンマンションアトレ東向日) is a 29-year-old condominium located at Kouhi Shi Terato Machi Nan'en Nai 10-1 (向日市寺戸町南垣内10-1), Kyoto, Japan. Built in 1997, it comprises 69 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsubishi Kensetsu (三菱建設).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 2,080〜3,990万円 (approx. $138,667–$266,000 USD at ¥150/$).
Unit sizes range from 65.1–88.5 sqm (701–953 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥50.4万/sqm (approx. $3,359/sqm or $312/sqft).
Location & Neighborhood
The property is located at Kouhi Shi Terato Machi Nan'en Nai 10-1 (向日市寺戸町南垣内10-1), Kyoto, Japan. It is a 12-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 69 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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