Overview of Ruishatore Oike (ルイシャトレ御池)
Ruishatore Oike (ルイシャトレ御池) is a 26-year-old condominium located at Kyoutoshi Chuukyouku Totsu Batsu Machi 135 (京都市中京区突抜町135), Kyoto, Japan. Built in 2000, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Ootani Kensetsu (大谷建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 2,880〜5,980万円 (approx. $192,000–$398,667 USD at ¥150/$).
Unit sizes range from 50.5–61.1 sqm (544–658 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: ¥105.2万/sqm (approx. $7,011/sqm or $651/sqft).
Location & Neighborhood
The property is located at Kyoutoshi Chuukyouku Totsu Batsu Machi 135 (京都市中京区突抜町135), Kyoto, 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
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 26 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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