Overview of Puresuin Masaki (プレスイン正木)
Puresuin Masaki (プレスイン正木) is a 42-year-old condominium located at Nagoyashi Nakaku Masaki 2 Choume 3-32 (名古屋市中区正木2丁目3-32), Aichi, Japan. Built in 1984, it comprises 47 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 190〜460万円 (approx. $12,667–$30,667 USD at ¥150/$).
Unit sizes range from 11.8–21.1 sqm (127–227 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥26.1万/sqm (approx. $1,741/sqm or $162/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakaku Masaki 2 Choume 3-32 (名古屋市中区正木2丁目3-32), Aichi, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 42 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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