Overview of Kosumo Nagareyama Riberarukooto (コスモ流山リベラルコート)
Kosumo Nagareyama Riberarukooto (コスモ流山リベラルコート) is a 37-year-old condominium located at Nagareyama Ichihei Wa Dai 1 Choume 5-4 (流山市平和台1丁目5-4), Chiba, Japan. Built in 1989, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 650〜2,480万円 (approx. $43,333–$165,333 USD at ¥150/$).
Unit sizes range from 72.6–75.6 sqm (781–814 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-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: ¥29.9万/sqm (approx. $1,993/sqm or $185/sqft).
Location & Neighborhood
The property is located at Nagareyama Ichihei Wa Dai 1 Choume 5-4 (流山市平和台1丁目5-4), Chiba, Japan. It is a 5-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 37 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.