Overview of Shiteitawaa Fukushima (シティタワー福島)
Shiteitawaa Fukushima (シティタワー福島) is a 19-year-old condominium located at Fukushima Shichuu Machi 7-18 (福島市中町7-18), Fukushima, Japan. Built in 2007, it comprises 92 units in a Reinforced Concrete (RC) structure. It was constructed by Oobayashi Kumi (大林組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥37.7万/sqm (approx. $2,515/sqm or $234/sqft).
Location & Neighborhood
The property is located at Fukushima Shichuu Machi 7-18 (福島市中町7-18), Fukushima, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 92 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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