Overview of Kosumomirosu Zushi L Tou (コスモミロス逗子Ｌ棟)
Kosumomirosu Zushi L Tou (コスモミロス逗子Ｌ棟) is a 35-year-old condominium located at Zushi Shi Kotsubo 6 Choume 7-21 (逗子市小坪6丁目7-21), Kanagawa, Japan. Built in 1991, it comprises 12 units in a Reinforced Concrete (RC) structure. It was constructed by Goyoukensetsu (五洋建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥65.8万/sqm (approx. $4,386/sqm or $407/sqft).
Location & Neighborhood
The property is located at Zushi Shi Kotsubo 6 Choume 7-21 (逗子市小坪6丁目7-21), Kanagawa, Japan. It is a 26-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 35 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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