Overview of Esupoa Iri Ke Ike Kouen (エスポア杁ヶ池公園)
Esupoa Iri Ke Ike Kouen (エスポア杁ヶ池公園) is a 28-year-old condominium located at Nagakute Shi Kani Hara 201 (長久手市蟹原201), Aichi, Japan. Built in 1998, it comprises 32 units in a Reinforced Concrete (RC) structure. It was constructed by Nakamura Kensetsu (中村建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,580〜2,490万円 (approx. $105,333–$166,000 USD at ¥150/$).
Unit sizes range from 73.7–78.6 sqm (793–846 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagakute Shi Kani Hara 201 (長久手市蟹原201), Aichi, Japan. It is a 7-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 28 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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