Back to results Serva Tower Mito Izumicho New Condo in Mito Cultural Hub

Needs Verification

This listing hasn't been verified recently. Tap to request a priority check!

Know someone who would love this? Gift them a subscription

¥42,580,000

1-92-1 Izumicho, Mito City, Ibaraki Prefecture

茨城県水戸市泉町一丁目92番1

Sign in to save properties

Work with our partners to help you search, evaluate, and purchase property in Japan.

Book a Consultation
Buy Business Near Station Apartment New Build City Center

Unlock the full description with a free trial

Includes AI translation, hazard data, cost estimates & nearby amenities

3 days free · cancel anytime

Start Free Trial

Serva Tower Mito Izumicho: A New Landmark in Mito's Cultural Hub

Serva Tower Mito Izumicho is a new high-rise condominium development set to become a landmark in the heart of Mito City, Ibaraki Prefecture. Designed for those who desire a life of freedom and luxury, this 19-story tower residence offers 71 units, all facing south to maximize natural light and ventilation. The development is strategically located within Mito City's "Central City Area Revitalization Basic Plan" zone, aimed at enhancing urban functions and economic vitality.

The property's unique feature is its integration into the newly named cultural district "MitoriO." This area combines three distinct facilities: the Keisei Department Store (the only department store in Ibaraki Prefecture), the Mito Civic Hall, and the Mito Arts Foundation. Serva Tower is just an 80-meter, one-minute walk from the Keisei Department Store, placing residents within easy reach of shopping, gourmet dining, and cultural events.

According to the detailed agent notes, the building offers extensive parking facilities. There are a total of 73 parking spaces: 3 indoor flat spaces, 49 outdoor mechanical spaces, and 21 off-site flat spaces. Monthly parking fees range from ¥3,500 to ¥18,000. An additional monthly fee of ¥2,500 applies for using the charging equipment in EV spaces. It is important to note that for off-site parking, tenants must enter into a lease agreement directly with the lessor, and permanent use is not guaranteed. Balcony sizes range from 12.00㎡ to 13.50㎡. The building has received multiple construction confirmation numbers, indicating plan revisions, with the latest issued on October 25, 2024. The development is a member of the (Public Interest Incorporated Association) Metropolitan Real Estate Fair Trade Council.

The area surrounding Serva Tower is rich in history and culture. A notable nearby landmark is Kairakuen Garden, one of Japan's Three Great Gardens, famous for its over 3,000 plum trees. The garden is a short distance away and offers stunning seasonal beauty, particularly in late winter and early spring. This proximity to such a historic site allows residents to enjoy a blend of modern urban living and traditional Japanese landscape artistry.

Units range from 2LDK to 3LDK layouts, with private areas from 74.14㎡ to 90.38㎡. The building incorporates eco-friendly features such as multi-mix faucets with pull-out spouts and high-efficiency LED lighting throughout the units and common areas. Completion and handover are scheduled for late March 2027.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Parking: 73
Year built: 2027
Land size: 1,404 / 15,108sqft
Balcony size: 12 / 129sqft

Short-Term Rental (Minpaku)

Transport

NRT

Narita International Airport — 67 km away

Nearby Konbini

Mini Stop Mini Stop — 9 min walk

Internet Connectivity

Natural Hazard Assessment

Flood Risk Low Risk
Landslide Risk Moderate
Tsunami Risk Low Risk
Earthquake Hazard Moderate

Unlock hazard data with a free trial

Flood, landslide, tsunami & earthquake risk for this property

3 days free · cancel anytime

Start Free Trial

Purchase Cost & Tax Estimates

Agent fees, acquisition tax, registration costs & annual property tax

Airbnb Revenue Estimate

Projected nightly rate, occupancy & net income for this property

Investment ROI

Annual yield, break-even timeline & 10-year return projection

Map & Street View

Map loading...

Location Accuracy Notice: Although we try to make the map accurate with coordinates or address details provided, the location data is provided by the agent. This map data should be used as reference for the surrounding area foremost.

Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.