Overview of Esuperanta Anjou Eki Nishi (エスペランタ安城駅西)
Esuperanta Anjou Eki Nishi (エスペランタ安城駅西) is a 25-year-old condominium located at Anjou Shi Miyuki Honchou 4-1 (安城市御幸本町4-1), Aichi, Japan. Built in 2001, it comprises 33 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toku Kura Kensetsu (徳倉建設).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 1,780〜3,280万円 (approx. $118,667–$218,667 USD at ¥150/$).
Unit sizes range from 80.3–94.3 sqm (864–1015 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Anjou Shi Miyuki Honchou 4-1 (安城市御幸本町4-1), Aichi, Japan. It is a 3-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 25 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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