Overview of San'airisu Yaizu (サンアイリス焼津)
San'airisu Yaizu (サンアイリス焼津) is a 29-year-old condominium located at Yaizu Shi Sakaemachi 1 Choume 7-8 (焼津市栄町1丁目7-8), Shizuoka, Japan. Built in 1997, it comprises 48 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fujiki Koumuten (藤木工務店).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,150〜2,250万円 (approx. $76,667–$150,000 USD at ¥150/$).
Unit sizes range from 64.9–88.8 sqm (699–956 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: ¥26.6万/sqm (approx. $1,773/sqm or $165/sqft).
Location & Neighborhood
The property is located at Yaizu Shi Sakaemachi 1 Choume 7-8 (焼津市栄町1丁目7-8), Shizuoka, Japan. It is a 1-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 29 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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