Overview of Rivieeru Handa (リヴィエール半田)
Rivieeru Handa (リヴィエール半田) is a 31-year-old condominium located at Handa Shi Higashihonmachi 1 Choume 6 (半田市東本町1丁目6), Aichi, Japan. Built in 1995, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Mugishima Kensetsu (麦島建設).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 850〜1,698万円 (approx. $56,667–$113,200 USD at ¥150/$).
Unit sizes range from 74.1–90.2 sqm (798–971 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Handa Shi Higashihonmachi 1 Choume 6 (半田市東本町1丁目6), Aichi, Japan. It is a 10-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 31 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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