Overview of Shiifurontobira Beppu (シーフロントビラ別府)
Shiifurontobira Beppu (シーフロントビラ別府) is a 35-year-old condominium located at Beppu Shi Shinkou Machi 2-36 (別府市新港町2-36), Oita, Japan. Built in 1991, it comprises 52 units in a Reinforced Concrete (RC) structure. It was constructed by Kyuushuu Kensetsu (九州建設).
Pricing & Floor Plans
Based on 63 past listings, prices have ranged from 430〜2,680万円 (approx. $28,667–$178,667 USD at ¥150/$).
Unit sizes range from 30.2–122.5 sqm (325–1319 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.4万/sqm (approx. $1,290/sqm or $120/sqft).
Location & Neighborhood
The property is located at Beppu Shi Shinkou Machi 2-36 (別府市新港町2-36), Oita, Japan. It is a 7-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.
Scale advantage: With 52 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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