Overview of Rasuteikooto Natori (ラスティコート名取)
Rasuteikooto Natori (ラスティコート名取) is a 30-year-old condominium located at Natorishi Te Kurata 532-1 (名取市手倉田532-1), Miyagi, Japan. Built in 1996, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 860〜1,899万円 (approx. $57,333–$126,600 USD at ¥150/$).
Unit sizes range from 64.6–74.9 sqm (695–806 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.4万/sqm (approx. $1,626/sqm or $151/sqft).
Location & Neighborhood
The property is located at Natorishi Te Kurata 532-1 (名取市手倉田532-1), Miyagi, Japan. It is a 11-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 30 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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