Overview of Shatore Ai Matsukuni Fu Miya 2 (シャトレ愛松国府宮２)
Shatore Ai Matsukuni Fu Miya 2 (シャトレ愛松国府宮２) is a 30-year-old condominium located at Inazawa Shi Kou Miya 1 Choume 7-11 (稲沢市国府宮1丁目7-11), Aichi, Japan. Built in 1996, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥23.9万/sqm (approx. $1,591/sqm or $148/sqft).
Location & Neighborhood
The property is located at Inazawa Shi Kou Miya 1 Choume 7-11 (稲沢市国府宮1丁目7-11), 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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