Apartment in Villa Serena, Harajuku, for sale

Price: 32,000,000 Yen No longer on the market
Size: 47.65 sqm (512 sqft)

This 1-bedroom apartment is located on the ground floor of Villa Serena – a vintage apartment in Jingumae. Although the building was completed in 1971, the white terraced exterior with wide balconies and corner-glass windows still retains its modern style.

This is part of the “Villa” series of apartments which were built between the 1960s and 1980s. Villa Serena is across the street from its sister-building, Villa Fresca. They were both designed by Sakakura Associates.

The apartment is priced at 671,000 Yen/sqm (810 USD/sqft), which is about average for apartments in this building. In 2010, a 40.23 sqm tenanted apartment on the 2nd floor was listed for 28,000,000 Yen (696,000 Yen/sqm). In contrast, Villa Fresca across the street has an average purchase price of 760,000 Yen/sqm (917 USD/sqft).

The average rent for apartments in Villa Serena is 4600 Yen/sqm/month. Because this apartment is on the 1st floor, however, it would attract a lower rent. The apartments are also able to be used as office spaces which generally attract higher rents.

Location:


Harajuku Sta. – 8 mins
Meiji-Jingumae Sta. – 8 mins

Details:

– Price: 32,000,000 Yen No longer on the market
– Size: 47.65 sqm
– Management fees: 20,300 Yen/month
– Repair fund fees: 6,310 Yen/month
– Built: 1971
– Construction: Reinforced concrete, 7 Stories + 1 Basement
– Construction Company: Nakano Corporation
– Architects: Sakakura Associates
– No. of units: 25
– Land Ownership: Freehold

Floorplan:

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