Overview of Zaikei Dai 2 Marunouchi Manshon (財形第2丸の内マンション)
Zaikei Dai 2 Marunouchi Manshon (財形第2丸の内マンション) is a 45-year-old condominium located at Nagoyashi Nakaku Marunouchi 2 Choume 16-5 (名古屋市中区丸の内2丁目16-5), Aichi, Japan. Built in 1981, it comprises 16 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Maru Hiko Watanabe Kensetsu (丸彦渡辺建設).
Pricing & Floor Plans
Based on 56 past listings, prices have ranged from 750〜3,480万円 (approx. $50,000–$232,000 USD at ¥150/$).
Unit sizes range from 45.5–157.4 sqm (490–1694 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥23.2万/sqm (approx. $1,550/sqm or $144/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakaku Marunouchi 2 Choume 16-5 (名古屋市中区丸の内2丁目16-5), Aichi, Japan. It is a 1-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 45 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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