Overview of Bonaaru Chuubu Kokusai (ボナール中部国際)
Bonaaru Chuubu Kokusai (ボナール中部国際) is a 29-year-old condominium located at Tokoname Shi Shinkai Machi 1 Choume 1 (常滑市新開町1丁目1), Aichi, Japan. Built in 1997, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Mugishima Kensetsu (麦島建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥14.3万/sqm (approx. $953/sqm or $89/sqft).
Location & Neighborhood
The property is located at Tokoname Shi Shinkai Machi 1 Choume 1 (常滑市新開町1丁目1), Aichi, Japan. It is a 8-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 29 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.
Analyze this property's fair price and negotiation room for free at RE:public.