Overview of San Ou Manshon Daiichi Chigusa (三旺マンション第１千種)
San Ou Manshon Daiichi Chigusa (三旺マンション第１千種) is a 44-year-old condominium located at Nagoyashi Chikusaku Imaike 1 Choume 26-18 (名古屋市千種区今池1丁目26-18), Aichi, Japan. Built in 1982, it comprises 29 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toukyuukensetsu (東急建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,300〜2,699万円 (approx. $86,667–$179,933 USD at ¥150/$).
Unit sizes range from 50.0–83.1 sqm (538–894 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), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.0万/sqm (approx. $1,535/sqm or $143/sqft).
Location & Neighborhood
The property is located at Nagoyashi Chikusaku Imaike 1 Choume 26-18 (名古屋市千種区今池1丁目26-18), Aichi, Japan. It is a 3-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
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 44 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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