Overview of Akutopia Matsuba Kouen (アクトピア松葉公園)
Akutopia Matsuba Kouen (アクトピア松葉公園) is a 37-year-old condominium located at Nagoyashi Nakagawa Ku Kou Honchou 1 Choume 94 (名古屋市中川区好本町1丁目94), Aichi, Japan. Built in 1989, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by A Hi No Kensetsu (阿比野建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 990〜1,980万円 (approx. $66,000–$132,000 USD at ¥150/$).
Unit sizes range from 57.7–83.1 sqm (621–894 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥25.4万/sqm (approx. $1,692/sqm or $157/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakagawa Ku Kou Honchou 1 Choume 94 (名古屋市中川区好本町1丁目94), Aichi, Japan. It is a 13-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 37 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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