Overview of Esupoa Tou Chi 2 (エスポア当知２)
Esupoa Tou Chi 2 (エスポア当知２) is a 26-year-old condominium located at Nagoyashi Minatoku Takagi Machi 2 Choume 3 (名古屋市港区高木町2丁目3), Aichi, Japan. Built in 2000, it comprises 35 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nittou Kensetsu (日東建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥24.5万/sqm (approx. $1,636/sqm or $152/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minatoku Takagi Machi 2 Choume 3 (名古屋市港区高木町2丁目3), Aichi, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 26 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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