Overview of Rapooru Izumichuuou (ラポール泉中央)
Rapooru Izumichuuou (ラポール泉中央) is a 34-year-old condominium located at Sendaishi Izumiku Izumichuuou 2 Choume 25-2 (仙台市泉区泉中央2丁目25-2), Miyagi, Japan. Built in 1992, it comprises 60 units in a Reinforced Concrete (RC) structure. It was constructed by Tatsumura Kumi (辰村組).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 1,380〜2,980万円 (approx. $92,000–$198,667 USD at ¥150/$).
Unit sizes range from 55.7–89.2 sqm (600–960 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥42.6万/sqm (approx. $2,843/sqm or $264/sqft).
Location & Neighborhood
The property is located at Sendaishi Izumiku Izumichuuou 2 Choume 25-2 (仙台市泉区泉中央2丁目25-2), Miyagi, Japan. It is a 6-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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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