Overview of Sanmanshon'atore Yokosuka (サンマンションアトレ横須賀)
Sanmanshon'atore Yokosuka (サンマンションアトレ横須賀) is a 28-year-old condominium located at Toukaishi Youfu Machi Yokomakura 11-3 (東海市養父町横枕11-3), Aichi, Japan. Built in 1998, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥20.2万/sqm (approx. $1,347/sqm or $125/sqft).
Location & Neighborhood
The property is located at Toukaishi Youfu Machi Yokomakura 11-3 (東海市養父町横枕11-3), Aichi, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 28 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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