Overview of Virunuubu Gakuen Mae 1 Konseruto (ヴィルヌーブ学園前１コンセルト)
Virunuubu Gakuen Mae 1 Konseruto (ヴィルヌーブ学園前１コンセルト) is a 31-year-old condominium located at Narashi Gakuen Yamatochou 6 Choume 708-1 (奈良市学園大和町6丁目708-1), Nara, Japan. Built in 1995, it comprises 153 units in a Reinforced Concrete (RC) structure. It was constructed by Aisawa Kougyou (アイサワ工業).
Pricing & Floor Plans
Based on 50 past listings, prices have ranged from 1,250〜2,188万円 (approx. $83,333–$145,867 USD at ¥150/$).
Unit sizes range from 66.7–84.2 sqm (718–906 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥29.2万/sqm (approx. $1,947/sqm or $181/sqft).
Location & Neighborhood
The property is located at Narashi Gakuen Yamatochou 6 Choume 708-1 (奈良市学園大和町6丁目708-1), Nara, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
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.
Scale advantage: With 153 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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