Overview of Rojie Nagano 4 4 8 1 Goutou (ロジェ長野４４８ １号棟)
Rojie Nagano 4 4 8 1 Goutou (ロジェ長野４４８ １号棟) is a 32-year-old condominium located at Kawachinagano Shidai Ya Fune Nishimachi 3-1 (河内長野市大矢船西町3-1), Osaka, Japan. Built in 1994, it comprises 135 units in a Reinforced Concrete (RC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥3.4万/sqm (approx. $226/sqm or $21/sqft).
Location & Neighborhood
The property is located at Kawachinagano Shidai Ya Fune Nishimachi 3-1 (河内長野市大矢船西町3-1), Osaka, Japan. It is a 43-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 135 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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