Overview of Chuuou Manshon Anjou (中央マンション安城)
Chuuou Manshon Anjou (中央マンション安城) is a 45-year-old condominium located at Anjou Shi Sakurai Machi Chaya Bou 13-5 (安城市桜井町茶屋坊13-5), Aichi, Japan. Built in 1981, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Toku Kura Kensetsu (徳倉建設).
Pricing & Floor Plans
Based on 40 past listings, prices have ranged from 390〜920万円 (approx. $26,000–$61,333 USD at ¥150/$).
Unit sizes range from 52.0–72.3 sqm (560–778 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥7.8万/sqm (approx. $517/sqm or $48/sqft).
Location & Neighborhood
The property is located at Anjou Shi Sakurai Machi Chaya Bou 13-5 (安城市桜井町茶屋坊13-5), 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 45 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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