Overview of Shatoree Oobu (シャトレー大府)
Shatoree Oobu (シャトレー大府) is a 30-year-old condominium located at Oobu Shi Asahi Machi 3 Choume 61 (大府市朝日町3丁目61), Aichi, Japan. Built in 1996, it comprises 21 units in a Reinforced Concrete (RC) structure. It was constructed by Aishin Kaihatsu (アイシン開発).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 1,790〜1,980万円 (approx. $119,333–$132,000 USD at ¥150/$).
Unit sizes range from 70.2–76.8 sqm (756–827 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oobu Shi Asahi Machi 3 Choume 61 (大府市朝日町3丁目61), Aichi, Japan. It is a 8-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 30 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.
Analyze this property's fair price and negotiation room for free at RE:public.