Overview of Toukyuu Doeruarusu Yaotome Roashisu B Tou (東急ドエルアルス八乙女ロアシスB棟)
Toukyuu Doeruarusu Yaotome Roashisu B Tou (東急ドエルアルス八乙女ロアシスB棟) is a 29-year-old condominium located at Sendaishi Izumiku Yaotome Chuuou 5 Choume 7-26 (仙台市泉区八乙女中央5丁目7-26), Miyagi, Japan. Built in 1997, it comprises 63 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥29.4万/sqm (approx. $1,957/sqm or $182/sqft).
Location & Neighborhood
The property is located at Sendaishi Izumiku Yaotome Chuuou 5 Choume 7-26 (仙台市泉区八乙女中央5丁目7-26), Miyagi, Japan. It is a 8-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 63 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.
Analyze this property's fair price and negotiation room for free at RE:public.