Overview of Sanshitei Aizu Ekimae (サンシティ会津駅前)
Sanshitei Aizu Ekimae (サンシティ会津駅前) is a 26-year-old condominium located at Aizuwakamatsushi Byakko Machi 38-1 (会津若松市白虎町38-1), Fukushima, Japan. Built in 2000, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Nissan Kensetsu (日産建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 1,000〜1,690万円 (approx. $66,667–$112,667 USD at ¥150/$).
Unit sizes range from 52.7–70.5 sqm (567–759 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.4万/sqm (approx. $1,559/sqm or $145/sqft).
Location & Neighborhood
The property is located at Aizuwakamatsushi Byakko Machi 38-1 (会津若松市白虎町38-1), Fukushima, 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 26 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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