Overview of Aibiimanshon Uchida Kyounan (アイビーマンション内田橋南)
Aibiimanshon Uchida Kyounan (アイビーマンション内田橋南) is a 31-year-old condominium located at Nagoyashi Minamiku Yutaka 2 Choume 26-2 (名古屋市南区豊2丁目26-2), Aichi, Japan. Built in 1995, it comprises 17 units in a Reinforced Concrete (RC) structure. It was constructed by Kuni Kensetsu (六合建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 980〜1,980万円 (approx. $65,333–$132,000 USD at ¥150/$).
Unit sizes range from 66.3–69.1 sqm (714–744 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.2万/sqm (approx. $1,811/sqm or $168/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minamiku Yutaka 2 Choume 26-2 (名古屋市南区豊2丁目26-2), 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 31 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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