Overview of Sanshiteipaakusaido Sakuramachi (サンシティパークサイド桜町)
Sanshiteipaakusaido Sakuramachi (サンシティパークサイド桜町) is a 37-year-old condominium located at Nishio Shi Sakuramachi 2 Choume 38 (西尾市桜町2丁目38), Aichi, Japan. Built in 1989, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Shiro Take Kensetsu (白竹建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 750〜1,300万円 (approx. $50,000–$86,667 USD at ¥150/$).
Unit sizes range from 81.0–104.8 sqm (872–1128 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nishio Shi Sakuramachi 2 Choume 38 (西尾市桜町2丁目38), Aichi, 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.
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