Market Data shows a trend on the pricing of properties. But what can you actually buy? Find out what kind of property you can buy with USD 1,500,000 in Kobe. This time, the article features an unit with stunning view of both ocean and mountain – Harbor Front of Kobe.
Lions Tower Kobe Kyukyoryuchi (Former Foreign Settlement): USD 1,450,000 / JPY 173,700,000
197.58 SQM+72.8 SQM balcony / 3 bedroom / 27F (27F) / Built in 2004
EXPECTED ANNUAL GROSS YIELD: 6.56%
Kyukyoryuchi, or a former foreign settlement of Kobe is considered as a posh address of the city – an ambience of the neighborhood is somewhat non-Japanese and classy. Albeit its conformity of living, it is only 10 minutes walk from Sanomiya Station, the central station of Kobe. This is all attributed to a compactness of the City of Kobe. Bay, mountain, commercial activities are all in proximity.
Lions Tower Kobe Kyukyoryuchi is located a block away from its harbor front – promising a perpetual view of harbor. The property of interest, the top floor, is very unique – in both good and bad ways. The living room has a contemporary church feeling, which many people may this it is “too much” for decoration. But other parts are quite impressive. One room is decorated with a typical Japanese room and bathroom with an oversized jacuzzi is facing direct towards the harbor.
(Images: Listing website – Homes)
Considering what is available for the price – the unit is much more reasonable than Tokyo. But in terms of liquidity – that is something to be considered. but a perfect place for a pied-à-terre.
Photo: Google Map