Overview of Kosumo Kitano Shiraume Machi (コスモ北野白梅町)
Kosumo Kitano Shiraume Machi (コスモ北野白梅町) is a 28-year-old condominium located at Kyoutoshi Kitaku Kitano Shita Shiraume Machi 27-1 (京都市北区北野下白梅町27-1), Kyoto, Japan. Built in 1998, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Haru Kougyou (大春工業).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 2,350〜7,680万円 (approx. $156,667–$512,000 USD at ¥150/$).
Unit sizes range from 64.4–170.7 sqm (693–1837 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4SSSLDK (4SSSLDK), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥47.6万/sqm (approx. $3,176/sqm or $295/sqft).
Location & Neighborhood
The property is located at Kyoutoshi Kitaku Kitano Shita Shiraume Machi 27-1 (京都市北区北野下白梅町27-1), Kyoto, Japan. It is a 3-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 28 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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