Overview of Verudooru Ashiya (ヴェルドール芦屋)
Verudooru Ashiya (ヴェルドール芦屋) is a 39-year-old condominium located at Ashiya Shi Higashiyama Machi 28-8 (芦屋市東山町28-8), Hyogo, Japan. Built in 1987, it comprises 21 units in a Reinforced Concrete (RC) structure. It was constructed by Nomura Kensetsu Kougyou (野村建設工業).
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 1,220〜2,780万円 (approx. $81,333–$185,333 USD at ¥150/$).
Unit sizes range from 57.6–73.5 sqm (620–791 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.8万/sqm (approx. $2,187/sqm or $203/sqft).
Location & Neighborhood
The property is located at Ashiya Shi Higashiyama Machi 28-8 (芦屋市東山町28-8), Hyogo, Japan. It is a 18-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 39 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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