Overview of Adoriimu Akaike (アドリーム赤池)
Adoriimu Akaike (アドリーム赤池) is a 27-year-old condominium located at Nisshin Shi Akaike 3 Choume 701 (日進市赤池3丁目701), Aichi, Japan. Built in 1999, it comprises 22 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taiheikougyou (太平工業).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 1,880〜3,480万円 (approx. $125,333–$232,000 USD at ¥150/$).
Unit sizes range from 72.2–74.7 sqm (777–804 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥42.3万/sqm (approx. $2,820/sqm or $262/sqft).
Location & Neighborhood
The property is located at Nisshin Shi Akaike 3 Choume 701 (日進市赤池3丁目701), Aichi, Japan. It is a 2-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 27 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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