Overview of Toukyuu Doeruarusu Kitaayase (東急ドエルアルス北綾瀬)
Toukyuu Doeruarusu Kitaayase (東急ドエルアルス北綾瀬) is a 39-year-old condominium located at Adachiku Touwa 3 Choume 5-10 (足立区東和3丁目5-10), Tokyo, Japan. Built in 1987, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Okumura Kumi (奥村組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥49.1万/sqm (approx. $3,275/sqm or $304/sqft).
Location & Neighborhood
The property is located at Adachiku Touwa 3 Choume 5-10 (足立区東和3丁目5-10), Tokyo, Japan. It is a 11-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 39 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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