Overview of Raionzutawaa Sendai Nagamachi (ライオンズタワー仙台長町)
Raionzutawaa Sendai Nagamachi (ライオンズタワー仙台長町) is a 27-year-old condominium located at Sendaishi Taihakuku Nagamachi 5 Choume 3-1 (仙台市太白区長町5丁目3-1), Miyagi, Japan. Built in 1999, it comprises 257 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taiseikensetsu (大成建設).
Pricing & Floor Plans
Based on 77 past listings, prices have ranged from 2,080〜5,350万円 (approx. $138,667–$356,667 USD at ¥150/$).
Unit sizes range from 59.9–96.8 sqm (645–1042 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥55.5万/sqm (approx. $3,703/sqm or $344/sqft).
Location & Neighborhood
The property is located at Sendaishi Taihakuku Nagamachi 5 Choume 3-1 (仙台市太白区長町5丁目3-1), Miyagi, 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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 257 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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