Overview of Emerarudomanshon Kabe (エメラルドマンション可部)
Emerarudomanshon Kabe (エメラルドマンション可部) is a 38-year-old condominium located at Hiroshima Shi Asakitaku Kabe Minami 2 Choume 18-4 (広島市安佐北区可部南2丁目18-4), Hiroshima, Japan. Built in 1988, it comprises 32 units in a Reinforced Concrete (RC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 400〜1,198万円 (approx. $26,667–$79,867 USD at ¥150/$).
Unit sizes range from 54.5–67.3 sqm (587–724 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.4万/sqm (approx. $963/sqm or $89/sqft).
Location & Neighborhood
The property is located at Hiroshima Shi Asakitaku Kabe Minami 2 Choume 18-4 (広島市安佐北区可部南2丁目18-4), Hiroshima, Japan. It is a 7-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 38 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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