Overview of Gurooriasu Inazawa Amachi (グローリアス稲沢天池)
Gurooriasu Inazawa Amachi (グローリアス稲沢天池) is a 34-year-old condominium located at Inazawa Shi Amachi En Matsu Machi 101 (稲沢市天池遠松町101), Aichi, Japan. Built in 1992, it comprises 27 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Morimoto Kumi (森本組).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 690〜1,390万円 (approx. $46,000–$92,667 USD at ¥150/$).
Unit sizes range from 56.0–60.5 sqm (603–651 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Inazawa Shi Amachi En Matsu Machi 101 (稲沢市天池遠松町101), Aichi, Japan. It is a 29-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 34 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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