Overview of Sofia Kyouwa (ソフィア共和)
Sofia Kyouwa (ソフィア共和) is a 23-year-old condominium located at Oobu Shi Kyouwa Machi 1 Choume 10-5 (大府市共和町1丁目10-5), Aichi, Japan. Built in 2003, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Maru Hiko Watanabe Kensetsu (丸彦渡辺建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 2,030〜2,999万円 (approx. $135,333–$199,933 USD at ¥150/$).
Unit sizes range from 75.9–90.0 sqm (817–969 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).
Estimated price per sqm: ¥34.8万/sqm (approx. $2,319/sqm or $215/sqft).
Location & Neighborhood
The property is located at Oobu Shi Kyouwa Machi 1 Choume 10-5 (大府市共和町1丁目10-5), Aichi, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 23 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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