Overview of Famiiru Fujigaoka (ファミール藤が丘)
Famiiru Fujigaoka (ファミール藤が丘) is a 32-year-old condominium located at Nagakute Shi Tsukada 1703 (長久手市塚田1703), Aichi, Japan. Built in 1994, it comprises 20 units in a Reinforced Concrete (RC) structure. It was constructed by Odakyuu Kensetsu (小田急建設).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,230〜2,790万円 (approx. $82,000–$186,000 USD at ¥150/$).
Unit sizes range from 65.0–84.2 sqm (700–906 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagakute Shi Tsukada 1703 (長久手市塚田1703), Aichi, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 32 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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