Overview of Raionzumanshon Chuuou Kouen (ライオンズマンション中央公園)
Raionzumanshon Chuuou Kouen (ライオンズマンション中央公園) is a 35-year-old condominium located at Aizuwakamatsushi Chuuou 3 Choume 1-8 (会津若松市中央3丁目1-8), Fukushima, Japan. Built in 1991, it comprises 43 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 70 past listings, prices have ranged from 650〜2,180万円 (approx. $43,333–$145,333 USD at ¥150/$).
Unit sizes range from 46.0–87.7 sqm (495–944 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), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.4万/sqm (approx. $961/sqm or $89/sqft).
Location & Neighborhood
The property is located at Aizuwakamatsushi Chuuou 3 Choume 1-8 (会津若松市中央3丁目1-8), Fukushima, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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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