Overview of Adoriimu Tsuyuhashi Kouen (アドリーム露橋公園)
Adoriimu Tsuyuhashi Kouen (アドリーム露橋公園) is a 28-year-old condominium located at Nagoyashi Nakagawa Ku Yanagi Shima Machi 1 Choume 1-1 (名古屋市中川区柳島町1丁目1-1), Aichi, Japan. Built in 1998, it comprises 30 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 2,150〜2,980万円 (approx. $143,333–$198,667 USD at ¥150/$).
Unit sizes range from 77.0–82.3 sqm (829–886 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.4万/sqm (approx. $2,225/sqm or $207/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakagawa Ku Yanagi Shima Machi 1 Choume 1-1 (名古屋市中川区柳島町1丁目1-1), 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 28 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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