Overview of Reeben Toyama Sakuramachi (レーベン富山桜町)
Reeben Toyama Sakuramachi (レーベン富山桜町) is a 8-year-old condominium located at Toyamashi Sakuramachi 1 Choume 4-28 (富山市桜町1丁目4-28), Toyama, Japan. Built in 2018, it comprises 75 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou ・takano Kensetsu ・ Terasaki Kougyou Toyamashi Sakuramachi Itchoume 4 Banchi Ku Daiisshu Shigaichi Saikaihatsu Jigyou Ni Kakaru Shisetsu Kenchikubutsu Nado Shinchiku Kouji Kyoudou Kigyoutai (前田建設工業・タカノ建設・寺崎工業 富山市桜町一丁目4番地区第一種 市街地再開発事業に係る施設建築物等新築工事共同企業体).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥60.2万/sqm (approx. $4,016/sqm or $373/sqft).
Location & Neighborhood
The property is located at Toyamashi Sakuramachi 1 Choume 4-28 (富山市桜町1丁目4-28), Toyama, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Scale advantage: With 75 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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