Overview of Sezaaru Nagoya (セザール名古屋)
Sezaaru Nagoya (セザール名古屋) is a 34-year-old condominium located at Nagoyashi Nakamuraku Takebashi Machi 20-12 (名古屋市中村区竹橋町20-12), Aichi, Japan. Built in 1992, it comprises 49 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shokusanjuutaku Sougo (殖産住宅相互).
Pricing & Floor Plans
Based on 60 past listings, prices have ranged from 350〜680万円 (approx. $23,333–$45,333 USD at ¥150/$).
Unit sizes range from 16.1–23.6 sqm (173–254 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥26.6万/sqm (approx. $1,777/sqm or $165/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakamuraku Takebashi Machi 20-12 (名古屋市中村区竹橋町20-12), Aichi, 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 34 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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