Overview of Sanshain Chidori (サンシャイン千鳥)
Sanshain Chidori (サンシャイン千鳥) is a 44-year-old condominium located at Nagoyashi Minatoku Chidori 1 Choume 11-5 (名古屋市港区千鳥1丁目11-5), Aichi, Japan. Built in 1982, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Kawashima Kensetsu (川島建設).
Pricing & Floor Plans
Based on 52 past listings, prices have ranged from 568〜1,599万円 (approx. $37,867–$106,600 USD at ¥150/$).
Unit sizes range from 62.5–101.5 sqm (673–1093 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥10.4万/sqm (approx. $697/sqm or $65/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minatoku Chidori 1 Choume 11-5 (名古屋市港区千鳥1丁目11-5), Aichi, 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 44 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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