Overview of Peruru Higashisendai 2 (ペルル東仙台２)
Peruru Higashisendai 2 (ペルル東仙台２) is a 24-year-old condominium located at Sendaishi Miyaginoku Nitta 4 Choume 34-5 (仙台市宮城野区新田4丁目34-5), Miyagi, Japan. Built in 2002, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Kabu Ki Kensetsu (株木建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥31.8万/sqm (approx. $2,118/sqm or $197/sqft).
Location & Neighborhood
The property is located at Sendaishi Miyaginoku Nitta 4 Choume 34-5 (仙台市宮城野区新田4丁目34-5), Miyagi, 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 24 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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