Overview of Raionzumanshon Takaoka Nakajima Machi (ライオンズマンション高岡中島町)
Raionzumanshon Takaoka Nakajima Machi (ライオンズマンション高岡中島町) is a 36-year-old condominium located at Takaokashi Nakajima Machi 1-1 (高岡市中島町1-1), Toyama, Japan. Built in 1990, it comprises 63 units in a Reinforced Concrete (RC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 600〜1,798万円 (approx. $40,000–$119,867 USD at ¥150/$).
Unit sizes range from 71.6–98.7 sqm (771–1062 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 5K (5-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.1万/sqm (approx. $1,342/sqm or $125/sqft).
Location & Neighborhood
The property is located at Takaokashi Nakajima Machi 1-1 (高岡市中島町1-1), Toyama, 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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 63 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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