Overview of Rowaaru Yokohama Nishi (ロワール横浜西)
Rowaaru Yokohama Nishi (ロワール横浜西) is a 30-year-old condominium located at Yokohamashinishiku Minami Asama Machi 18-6 (横浜市西区南浅間町18-6), Kanagawa, Japan. Built in 1996, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Yamagishi Kensetsu (山岸建設).
Pricing & Floor Plans
Based on 49 past listings, prices have ranged from 1,480〜5,500万円 (approx. $98,667–$366,667 USD at ¥150/$).
Unit sizes range from 41.8–90.2 sqm (450–971 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2DK (2-bedroom w/ dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥72.9万/sqm (approx. $4,861/sqm or $452/sqft).
Location & Neighborhood
The property is located at Yokohamashinishiku Minami Asama Machi 18-6 (横浜市西区南浅間町18-6), Kanagawa, 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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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