Overview of Shatore Ai Matsuichi Miya 5 (シャトレ愛松一宮５)
Shatore Ai Matsuichi Miya 5 (シャトレ愛松一宮５) is a 30-year-old condominium located at Ichinomiya Shi Ima Isechou Miyaushiro Koube 22-1 (一宮市今伊勢町宮後神戸22-1), Aichi, Japan. Built in 1996, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 940〜2,480万円 (approx. $62,667–$165,333 USD at ¥150/$).
Unit sizes range from 68.7–83.6 sqm (739–900 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Ichinomiya Shi Ima Isechou Miyaushiro Koube 22-1 (一宮市今伊勢町宮後神戸22-1), Aichi, 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
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 30 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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