Overview of Patera Nishitoukyou Shinmachi (パテラ西東京新町)
Patera Nishitoukyou Shinmachi (パテラ西東京新町) is a 15-year-old condominium located at Nishitoukyou Shi Shinmachi 1 Choume 11-16 (西東京市新町1丁目11-16), Tokyo, Japan. Built in 2011, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Kokorozashi Ta Kumi (志多組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥60.1万/sqm (approx. $4,006/sqm or $372/sqft).
Location & Neighborhood
The property is located at Nishitoukyou Shi Shinmachi 1 Choume 11-16 (西東京市新町1丁目11-16), Tokyo, Japan. It is a 11-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
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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