Overview of Runessansu Chou Ura (ルネッサンス長浦)
Runessansu Chou Ura (ルネッサンス長浦) is a 35-year-old condominium located at Chitashi Chou Ura 3 Choume 129 (知多市長浦3丁目129), Aichi, Japan. Built in 1991, it comprises 12 units in a Reinforced Concrete (RC) structure. It was constructed by Okada Kensetsu (岡田建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 800〜1,200万円 (approx. $53,333–$80,000 USD at ¥150/$).
Unit sizes range from 61.0–70.6 sqm (657–760 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Chitashi Chou Ura 3 Choume 129 (知多市長浦3丁目129), Aichi, Japan. It is a 3-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 35 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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