Overview of Takara Mariinhaitsu A Tou (宝マリーンハイツＡ棟)
Takara Mariinhaitsu A Tou (宝マリーンハイツＡ棟) is a 45-year-old condominium located at Nagoyashi Minatoku Minato Sakae 3 Choume 2-28 (名古屋市港区港栄3丁目2-28), Aichi, Japan. Built in 1981, it comprises 35 units in a Reinforced Concrete (RC) structure. It was constructed by Zenidaka Kumi (銭高組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥8.4万/sqm (approx. $559/sqm or $52/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minatoku Minato Sakae 3 Choume 2-28 (名古屋市港区港栄3丁目2-28), Aichi, Japan. It is a 3-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 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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