Overview of Mediusu Fujisawa (メディウス藤沢)
Mediusu Fujisawa (メディウス藤沢) is a 29-year-old condominium located at Fujisawashi Fujisawa 1023-1 (藤沢市藤沢1023-1), Kanagawa, Japan. Built in 1997, it comprises 37 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nichi Kou Kensetsu (日広建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 2,480〜5,380万円 (approx. $165,333–$358,667 USD at ¥150/$).
Unit sizes range from 59.8–67.5 sqm (644–727 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥79.1万/sqm (approx. $5,273/sqm or $490/sqft).
Location & Neighborhood
The property is located at Fujisawashi Fujisawa 1023-1 (藤沢市藤沢1023-1), Kanagawa, Japan. It is a 5-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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