Overview of Zefaa Oota Honchou Purinshia (ゼファー太田本町プリンシア)
Zefaa Oota Honchou Purinshia (ゼファー太田本町プリンシア) is a 18-year-old condominium located at Ootashi Honchou 44-5 (太田市本町44-5), Gunma, Japan. Built in 2008, it comprises 78 units in a Reinforced Concrete (RC) structure. It was constructed by Wakachiku Kensetsu (若築建設).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 1,680〜2,890万円 (approx. $112,000–$192,667 USD at ¥150/$).
Unit sizes range from 71.5–94.5 sqm (770–1017 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), 3LDK (3-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.5万/sqm (approx. $1,835/sqm or $170/sqft).
Location & Neighborhood
The property is located at Ootashi Honchou 44-5 (太田市本町44-5), Gunma, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 78 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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