Overview of Pasutoraruhaimu Toyohashi Ichiban Kan (パストラルハイム豊橋壱番館)
Pasutoraruhaimu Toyohashi Ichiban Kan (パストラルハイム豊橋壱番館) is a 36-year-old condominium located at Toyohashishi Muro Machi Matsuzaki 1-4 (豊橋市牟呂町松崎1-4), Aichi, Japan. Built in 1990, it comprises 135 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shimizukensetsu (清水建設).
Pricing & Floor Plans
Based on 106 past listings, prices have ranged from 880〜2,480万円 (approx. $58,667–$165,333 USD at ¥150/$).
Unit sizes range from 67.1–101.3 sqm (722–1090 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.4万/sqm (approx. $963/sqm or $89/sqft).
Location & Neighborhood
The property is located at Toyohashishi Muro Machi Matsuzaki 1-4 (豊橋市牟呂町松崎1-4), Aichi, Japan. It is a 19-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 36 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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