Overview of Kuni Manshon Ooiso (六合マンション大磯)
Kuni Manshon Ooiso (六合マンション大磯) is a 33-year-old condominium located at Nagoyashi Minamiku Ooiso Toori 4 Choume 8-2 (名古屋市南区大磯通4丁目8-2), Aichi, Japan. Built in 1993, it comprises 17 units in a Reinforced Concrete (RC) structure. It was constructed by Kuni Kensetsu (六合建設).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 750〜1,899万円 (approx. $50,000–$126,600 USD at ¥150/$).
Unit sizes range from 51.4–69.7 sqm (553–750 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.5万/sqm (approx. $1,299/sqm or $121/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minamiku Ooiso Toori 4 Choume 8-2 (名古屋市南区大磯通4丁目8-2), Aichi, Japan. It is a 11-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 33 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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