Overview of Ramerukaasa 1 (ラメルカーサ1)
Ramerukaasa 1 (ラメルカーサ1) is a 23-year-old condominium located at Gamagoori Shi Kaiyou Machi 2 Choume 7-1 (蒲郡市海陽町2丁目7-1), Aichi, Japan. Built in 2003, it comprises 82 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 80 past listings, prices have ranged from 1,380〜4,800万円 (approx. $92,000–$320,000 USD at ¥150/$).
Unit sizes range from 49.6–115.4 sqm (534–1242 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.7万/sqm (approx. $1,981/sqm or $184/sqft).
Location & Neighborhood
The property is located at Gamagoori Shi Kaiyou Machi 2 Choume 7-1 (蒲郡市海陽町2丁目7-1), Aichi, Japan. It is a 12-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 82 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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