Overview of Pabirion Daini Toyohashi (パビリオン第２豊橋)
Pabirion Daini Toyohashi (パビリオン第２豊橋) is a 44-year-old condominium located at Toyohashishi Komo Kuchi Machi 5 Choume 97-4 (豊橋市菰口町5丁目97-4), Aichi, Japan. Built in 1982, it comprises 35 units in a Reinforced Concrete (RC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 350〜1,180万円 (approx. $23,333–$78,667 USD at ¥150/$).
Unit sizes range from 67.4–75.8 sqm (725–816 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥6.1万/sqm (approx. $409/sqm or $38/sqft).
Location & Neighborhood
The property is located at Toyohashishi Komo Kuchi Machi 5 Choume 97-4 (豊橋市菰口町5丁目97-4), Aichi, Japan. It is a 13-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 44 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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