Overview of Emuzushitei Kitanagoya (エムズシティ北名古屋)
Emuzushitei Kitanagoya (エムズシティ北名古屋) is a 20-year-old condominium located at Kitanagoya Shi Nishi Yuki Ho 2 (北名古屋市西之保2), Aichi, Japan. Built in 2006, it comprises 122 units in a Reinforced Concrete (RC) structure. It was constructed by Toure Kensetsu (東レ建設).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 2,050〜3,280万円 (approx. $136,667–$218,667 USD at ¥150/$).
Unit sizes range from 74.2–90.5 sqm (799–974 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.5万/sqm (approx. $2,233/sqm or $207/sqft).
Location & Neighborhood
The property is located at Kitanagoya Shi Nishi Yuki Ho 2 (北名古屋市西之保2), Aichi, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 122 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.
Analyze this property's fair price and negotiation room for free at RE:public.