Overview of Raionzumanshon Myouzai Hashi Ryokuchi (ライオンズマンション名西橋緑地)
Raionzumanshon Myouzai Hashi Ryokuchi (ライオンズマンション名西橋緑地) is a 21-year-old condominium located at Nagoyashi Nishiku Biwa Shima 5 Choume 32-31 (名古屋市西区枇杷島5丁目32-31), Aichi, Japan. Built in 2005, it comprises 66 units in a Reinforced Concrete (RC) structure. It was constructed by Tsuchiya Kumi (土屋組).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 1,680〜2,980万円 (approx. $112,000–$198,667 USD at ¥150/$).
Unit sizes range from 70.8–91.6 sqm (762–986 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.7万/sqm (approx. $2,249/sqm or $209/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nishiku Biwa Shima 5 Choume 32-31 (名古屋市西区枇杷島5丁目32-31), Aichi, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 66 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.
Analyze this property's fair price and negotiation room for free at RE:public.