Overview of Nyuukoopo Atago (ニューコーポ愛宕)
Nyuukoopo Atago (ニューコーポ愛宕) is a 35-year-old condominium located at Tsushima Shi Atago Machi 1 Choume 50-1 (津島市愛宕町1丁目50-1), Aichi, Japan. Built in 1991, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 550〜1,400万円 (approx. $36,667–$93,333 USD at ¥150/$).
Unit sizes range from 75.1–78.8 sqm (808–848 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Tsushima Shi Atago Machi 1 Choume 50-1 (津島市愛宕町1丁目50-1), Aichi, Japan. It is a 15-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 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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