Overview of Ribeeru Koube Nada Ichiban Kan (リベール神戸灘壱番館)
Ribeeru Koube Nada Ichiban Kan (リベール神戸灘壱番館) is a 26-year-old condominium located at Koubeshi Nadaku Iwaya Kitamachi 2 Choume 6-2 (神戸市灘区岩屋北町2丁目6-2), Hyogo, Japan. Built in 2000, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Ootani Kensetsu (大谷建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 2,180〜4,280万円 (approx. $145,333–$285,333 USD at ¥150/$).
Unit sizes range from 61.4–65.8 sqm (661–708 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥57.2万/sqm (approx. $3,816/sqm or $355/sqft).
Location & Neighborhood
The property is located at Koubeshi Nadaku Iwaya Kitamachi 2 Choume 6-2 (神戸市灘区岩屋北町2丁目6-2), Hyogo, 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 26 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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