Overview of Akutopia Kanazawa Bunko (アクトピア金沢文庫)
Akutopia Kanazawa Bunko (アクトピア金沢文庫) is a 37-year-old condominium located at Yokohamashikanazawaku Teramae 2 Choume 17-28 (横浜市金沢区寺前2丁目17-28), Kanagawa, Japan. Built in 1989, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Asari Kensetsu Sangyou (浅利建設産業).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 700〜2,290万円 (approx. $46,667–$152,667 USD at ¥150/$).
Unit sizes range from 33.2–50.1 sqm (357–539 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), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥38.7万/sqm (approx. $2,582/sqm or $240/sqft).
Location & Neighborhood
The property is located at Yokohamashikanazawaku Teramae 2 Choume 17-28 (横浜市金沢区寺前2丁目17-28), Kanagawa, 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 37 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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