Overview of Adobanteeji Kashiba (アドバンテージ香芝)
Adobanteeji Kashiba (アドバンテージ香芝) is a 18-year-old condominium located at Kashiba Shi Iso Kabe 3 Choume 48 (香芝市磯壁3丁目48), Nara, Japan. Built in 2008, it comprises 73 units in a Reinforced Concrete (RC) structure. It was constructed by Tsuji Sei (辻正).
Pricing & Floor Plans
Based on 58 past listings, prices have ranged from 1,280〜2,350万円 (approx. $85,333–$156,667 USD at ¥150/$).
Unit sizes range from 58.6–82.7 sqm (631–890 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.9万/sqm (approx. $2,261/sqm or $210/sqft).
Location & Neighborhood
The property is located at Kashiba Shi Iso Kabe 3 Choume 48 (香芝市磯壁3丁目48), Nara, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 73 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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