Overview of Gurankonfooto Nerima (グランコンフォート練馬)
Gurankonfooto Nerima (グランコンフォート練馬) is a 25-year-old condominium located at Nerimaku Nerima 1 Choume 7-6 (練馬区練馬1丁目7-6), Tokyo, Japan. Built in 2001, it comprises 69 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sada Kensetsu (佐田建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 2,980〜6,990万円 (approx. $198,667–$466,000 USD at ¥150/$).
Unit sizes range from 55.4–67.3 sqm (596–724 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥95.2万/sqm (approx. $6,347/sqm or $590/sqft).
Location & Neighborhood
The property is located at Nerimaku Nerima 1 Choume 7-6 (練馬区練馬1丁目7-6), Tokyo, Japan. It is a 4-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
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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 69 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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