Overview of Purinsuhaitsu Yokosuka (プリンスハイツ横須賀)
Purinsuhaitsu Yokosuka (プリンスハイツ横須賀) is a 32-year-old condominium located at Toukaishi Taka Yokosuka Machi Kita Yashiki 98-2 (東海市高横須賀町北屋敷98-2), Aichi, Japan. Built in 1994, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Maru Hiko Watanabe Kensetsu , Uryuu Kensetsu (丸彦渡辺建設、 雨龍建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥24.3万/sqm (approx. $1,621/sqm or $151/sqft).
Location & Neighborhood
The property is located at Toukaishi Taka Yokosuka Machi Kita Yashiki 98-2 (東海市高横須賀町北屋敷98-2), Aichi, Japan. It is a 6-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 32 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.
Analyze this property's fair price and negotiation room for free at RE:public.