Overview of Esupowaaru Tomishiro 2 (エスポワール都城２)
Esupowaaru Tomishiro 2 (エスポワール都城２) is a 34-year-old condominium located at Tomishiro Shi Nen Ken Machi 2-26 (都城市年見町2-26), Miyazaki, Japan. Built in 1992, it comprises 41 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 900〜1,800万円 (approx. $60,000–$120,000 USD at ¥150/$).
Unit sizes range from 57.5–88.0 sqm (619–947 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Tomishiro Shi Nen Ken Machi 2-26 (都城市年見町2-26), Miyazaki, Japan. It is a 14-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 34 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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