Overview of Banbeeru・rafine Sannou (バンベール・ラフィネ山王)
Banbeeru・rafine Sannou (バンベール・ラフィネ山王) is a 24-year-old condominium located at Nagoyashi Nakagawa Ku Sannou 1 Choume 3-25 (名古屋市中川区山王1丁目3-25), Aichi, Japan. Built in 2002, it comprises 65 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 12 past listings, prices have ranged from 1,180〜2,980万円 (approx. $78,667–$198,667 USD at ¥150/$).
Unit sizes range from 67.1–86.3 sqm (722–929 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagoyashi Nakagawa Ku Sannou 1 Choume 3-25 (名古屋市中川区山王1丁目3-25), Aichi, Japan. It is a 4-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 65 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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