Overview of Marumi Roiyaru Tsushima 2 (丸美ロイヤル津島２)
Marumi Roiyaru Tsushima 2 (丸美ロイヤル津島２) is a 35-year-old condominium located at Tsushima Ichie Higashichou 3 Choume 130-1 (津島市江東町3丁目130-1), Aichi, Japan. Built in 1991, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Meikou Kensetsu (名工建設).
Pricing & Floor Plans
Based on 5 past listings, prices have ranged from 500〜830万円 (approx. $33,333–$55,333 USD at ¥150/$).
Unit sizes range from 61.2–85.2 sqm (659–917 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Tsushima Ichie Higashichou 3 Choume 130-1 (津島市江東町3丁目130-1), Aichi, Japan. It is a 24-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 35 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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