Overview of Marunouchi Paakumanshon (丸の内パークマンション)
Marunouchi Paakumanshon (丸の内パークマンション) is a 45-year-old condominium located at Nagoyashi Nakaku Marunouchi 3 Choume 16-11 (名古屋市中区丸の内3丁目16-11), Aichi, Japan. Built in 1981, it comprises 87 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kashima Kensetsu (鹿島建設).
Pricing & Floor Plans
Based on 50 past listings, prices have ranged from 850〜2,790万円 (approx. $56,667–$186,000 USD at ¥150/$).
Unit sizes range from 45.2–69.7 sqm (487–750 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagoyashi Nakaku Marunouchi 3 Choume 16-11 (名古屋市中区丸の内3丁目16-11), Aichi, Japan. It is a 4-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.
Scale advantage: With 87 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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