Overview of Shatoo Nakamura Kouen (シャトー中村公園)
Shatoo Nakamura Kouen (シャトー中村公園) is a 28-year-old condominium located at Nagoyashi Nakamuraku Honjin Toori 6 Choume 31-5 (名古屋市中村区本陣通6丁目31-5), Aichi, Japan. Built in 1998, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,180〜3,330万円 (approx. $78,667–$222,000 USD at ¥150/$).
Unit sizes range from 67.8–84.0 sqm (730–904 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).
Estimated price per sqm: ¥24.4万/sqm (approx. $1,627/sqm or $151/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakamuraku Honjin Toori 6 Choume 31-5 (名古屋市中村区本陣通6丁目31-5), Aichi, Japan. It is a 14-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 28 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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