Overview of Reeben Nagaoka Terashima Machi Vertalier (レーベン長岡寺島町Vertalier)
Reeben Nagaoka Terashima Machi Vertalier (レーベン長岡寺島町Vertalier) is a 9-year-old condominium located at Nagaokashi Terashima Machi 308-11 (長岡市寺島町308-11), Niigata, Japan. Built in 2017, it comprises 131 units in a Reinforced Concrete (RC) structure. It was constructed by Kagata Kumi (加賀田組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥45.3万/sqm (approx. $3,017/sqm or $280/sqft).
Location & Neighborhood
The property is located at Nagaokashi Terashima Machi 308-11 (長岡市寺島町308-11), Niigata, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 131 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.
Analyze this property's fair price and negotiation room for free at RE:public.