Overview of Riberute Sagamihara Chuuou (リベルテ相模原中央)
Riberute Sagamihara Chuuou (リベルテ相模原中央) is a 31-year-old condominium located at Sagamiharashi Chuuouku Chuuou 3 Choume 14-6 (相模原市中央区中央3丁目14-6), Kanagawa, Japan. Built in 1995, it comprises 30 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sanpei Kensetsu (三平建設).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 1,020〜2,580万円 (approx. $68,000–$172,000 USD at ¥150/$).
Unit sizes range from 57.9–63.4 sqm (623–682 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.2万/sqm (approx. $1,948/sqm or $181/sqft).
Location & Neighborhood
The property is located at Sagamiharashi Chuuouku Chuuou 3 Choume 14-6 (相模原市中央区中央3丁目14-6), Kanagawa, Japan. It is a 23-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 31 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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