Overview of Sanroiyaru Shintanabe Akademia 1 Goukan (サンロイヤル新田辺アカデミア１号館)
Sanroiyaru Shintanabe Akademia 1 Goukan (サンロイヤル新田辺アカデミア１号館) is a 36-year-old condominium located at Kyoutanabe Shi Kusauchi Kane Shou Wari 42-1 (京田辺市草内鐘鉦割42-1), Kyoto, Japan. Built in 1990, it comprises 309 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu , Morimoto Kumi (大末建設、 森本組).
Pricing & Floor Plans
Based on 172 past listings, prices have ranged from 620〜1,690万円 (approx. $41,333–$112,667 USD at ¥150/$).
Unit sizes range from 58.5–80.1 sqm (630–862 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-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: ¥14.3万/sqm (approx. $953/sqm or $89/sqft).
Location & Neighborhood
The property is located at Kyoutanabe Shi Kusauchi Kane Shou Wari 42-1 (京田辺市草内鐘鉦割42-1), Kyoto, Japan. It is a 17-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 309 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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