Overview of Ribaburu Hashi Me (リバブル橋目)
Ribaburu Hashi Me (リバブル橋目) is a 36-year-old condominium located at Okazakishi Hashi Me Machi Takenouchi 40-3 (岡崎市橋目町竹之内40-3), Aichi, Japan. Built in 1990, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Touwa Kensetsu (東和建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 890〜1,999万円 (approx. $59,333–$133,267 USD at ¥150/$).
Unit sizes range from 79.5–84.9 sqm (856–914 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.6万/sqm (approx. $1,375/sqm or $128/sqft).
Location & Neighborhood
The property is located at Okazakishi Hashi Me Machi Takenouchi 40-3 (岡崎市橋目町竹之内40-3), Aichi, Japan. It is a 23-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 36 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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