Overview of Esupoa Fuji Ke Oka 2 (エスポア藤ケ丘２)
Esupoa Fuji Ke Oka 2 (エスポア藤ケ丘２) is a 29-year-old condominium located at Nagakute Shi Tsukada 2021 (長久手市塚田2021), Aichi, Japan. Built in 1997, it comprises 26 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 1,930〜2,680万円 (approx. $128,667–$178,667 USD at ¥150/$).
Unit sizes range from 72.1–89.3 sqm (776–961 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagakute Shi Tsukada 2021 (長久手市塚田2021), Aichi, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 29 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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