Overview of Banbeeru Chigusa Takekoshi (バンベール千種竹越)
Banbeeru Chigusa Takekoshi (バンベール千種竹越) is a 31-year-old condominium located at Nagoyashi Chikusaku Takekoshi 1 Choume 5-5 (名古屋市千種区竹越1丁目5-5), Aichi, Japan. Built in 1995, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,100〜1,599万円 (approx. $73,333–$106,600 USD at ¥150/$).
Unit sizes range from 62.7–70.6 sqm (675–760 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.2万/sqm (approx. $1,480/sqm or $137/sqft).
Location & Neighborhood
The property is located at Nagoyashi Chikusaku Takekoshi 1 Choume 5-5 (名古屋市千種区竹越1丁目5-5), Aichi, Japan. It is a 18-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 31 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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