Overview of Ishinomaki Terasu (石巻テラス)
Ishinomaki Terasu (石巻テラス) is a 11-year-old condominium located at Ishinomakishi Chuuou 3 Choume 1 (石巻市中央3丁目1), Miyagi, Japan. Built in 2015, it comprises 85 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥33.5万/sqm (approx. $2,236/sqm or $208/sqft).
Location & Neighborhood
The property is located at Ishinomakishi Chuuou 3 Choume 1 (石巻市中央3丁目1), Miyagi, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 85 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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