Overview of Arufasuteitsu Sakura Motomachi (アルファステイツさくら元町)
Arufasuteitsu Sakura Motomachi (アルファステイツさくら元町) is a 19-year-old condominium located at Tottorishi Motomachi 352-5 (鳥取市元町352-5), Tottori, Japan. Built in 2007, it comprises 60 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥28.9万/sqm (approx. $1,929/sqm or $179/sqft).
Location & Neighborhood
The property is located at Tottorishi Motomachi 352-5 (鳥取市元町352-5), Tottori, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 60 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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