Overview of Shatore Ai Matsu Inazawa 8 (シャトレ愛松稲沢８)
Shatore Ai Matsu Inazawa 8 (シャトレ愛松稲沢８) is a 24-year-old condominium located at Inazawa Shi Ekimae 3 Choume 14-3 (稲沢市駅前3丁目14-3), Aichi, Japan. Built in 2002, it comprises 65 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Tekkou Gyou (大鉄工業).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥23.7万/sqm (approx. $1,577/sqm or $147/sqft).
Location & Neighborhood
The property is located at Inazawa Shi Ekimae 3 Choume 14-3 (稲沢市駅前3丁目14-3), Aichi, 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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 65 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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