Overview of Saapasu Shimin Toshokanmae (サーパス市民図書館前)
Saapasu Shimin Toshokanmae (サーパス市民図書館前) is a 17-year-old condominium located at Wakayamashi Minato Honchou 3 Choume 4-2 (和歌山市湊本町3丁目4-2), Wakayama, Japan. Built in 2009, it comprises 81 units in a Reinforced Concrete (RC) structure. It was constructed by Anabuki Koumuten (穴吹工務店).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,940〜3,190万円 (approx. $129,333–$212,667 USD at ¥150/$).
Unit sizes range from 70.0–92.8 sqm (753–999 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.1万/sqm (approx. $2,143/sqm or $199/sqft).
Location & Neighborhood
The property is located at Wakayamashi Minato Honchou 3 Choume 4-2 (和歌山市湊本町3丁目4-2), Wakayama, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 81 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.
Analyze this property's fair price and negotiation room for free at RE:public.