Overview of Reinboo Daiji (レインボー大治)
Reinboo Daiji (レインボー大治) is a 33-year-old condominium located at Kaifu Gun Daiji Machi Saijou 30-1 (海部郡大治町西條30-1), Aichi, Japan. Built in 1993, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Nakamura Kensetsu (中村建設).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 680〜1,580万円 (approx. $45,333–$105,333 USD at ¥150/$).
Unit sizes range from 70.7–96.8 sqm (761–1042 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.8万/sqm (approx. $919/sqm or $85/sqft).
Location & Neighborhood
The property is located at Kaifu Gun Daiji Machi Saijou 30-1 (海部郡大治町西條30-1), Aichi, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 33 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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