Overview of Beruhaimu Imagawa (ベルハイム今川)
Beruhaimu Imagawa (ベルハイム今川) is a 45-year-old condominium located at Nishio Shi Imagawa Machi Iwane 17-1 (西尾市今川町岩根17-1), Aichi, Japan. Built in 1981, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by San Ritsu Purekon (三立プレコン).
Pricing & Floor Plans
Based on 5 past listings, prices have ranged from 450〜680万円 (approx. $30,000–$45,333 USD at ¥150/$).
Unit sizes range from 47.7–47.9 sqm (513–516 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen).
Location & Neighborhood
The property is located at Nishio Shi Imagawa Machi Iwane 17-1 (西尾市今川町岩根17-1), Aichi, Japan. It is a 14-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 45 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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