Overview of Verukooto Kawasaki (ヴェルコート川崎)
Verukooto Kawasaki (ヴェルコート川崎) is a 35-year-old condominium located at Kawasakishi Kawasakiku Kawanaka Shima 1 Choume 20-1 (川崎市川崎区川中島1丁目20-1), Kanagawa, Japan. Built in 1991, it comprises 128 units in a Reinforced Concrete (RC) structure. It was constructed by Kounoike Kumi (鴻池組).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 2,080〜4,480万円 (approx. $138,667–$298,667 USD at ¥150/$).
Unit sizes range from 64.1–77.9 sqm (690–839 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥61.4万/sqm (approx. $4,091/sqm or $380/sqft).
Location & Neighborhood
The property is located at Kawasakishi Kawasakiku Kawanaka Shima 1 Choume 20-1 (川崎市川崎区川中島1丁目20-1), Kanagawa, Japan. It is a 4-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 128 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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