Overview of Aie Iwaki Ekimae (aieいわき駅前)
Aie Iwaki Ekimae (aieいわき駅前) is a 20-year-old condominium located at Iwaki Ichihei Go Machi Me 17-6 (いわき市平五町目17-6), Fukushima, Japan. Built in 2006, it comprises 58 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,950〜2,980万円 (approx. $130,000–$198,667 USD at ¥150/$).
Unit sizes range from 64.5–87.6 sqm (694–943 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Iwaki Ichihei Go Machi Me 17-6 (いわき市平五町目17-6), Fukushima, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Scale advantage: With 58 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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