Overview of Banbeeru Kainan (バンベール海南)
Banbeeru Kainan (バンベール海南) is a 33-year-old condominium located at Yatomi Shi Asari Ura Machikata Roku 43-1 (弥富市鯏浦町方六43-1), Aichi, Japan. Built in 1993, it comprises 43 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 46 past listings, prices have ranged from 880〜1,980万円 (approx. $58,667–$132,000 USD at ¥150/$).
Unit sizes range from 68.9–100.0 sqm (742–1076 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.7万/sqm (approx. $1,179/sqm or $110/sqft).
Location & Neighborhood
The property is located at Yatomi Shi Asari Ura Machikata Roku 43-1 (弥富市鯏浦町方六43-1), 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 33 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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