Overview of Reinboo Nitta Machi (レインボー新田町)
Reinboo Nitta Machi (レインボー新田町) is a 20-year-old condominium located at Toyoake Shi Nitta Machi 50-1 (豊明市新田町50-1), Aichi, Japan. Built in 2006, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Kuni Toku Ken (六合特建).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 1,790〜2,790万円 (approx. $119,333–$186,000 USD at ¥150/$).
Unit sizes range from 101.3–102.1 sqm (1090–1099 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Toyoake Shi Nitta Machi 50-1 (豊明市新田町50-1), Aichi, Japan. It is a 18-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
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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