Overview of Raionzugaaden Arao Machi (ライオンズガーデン荒尾町)
Raionzugaaden Arao Machi (ライオンズガーデン荒尾町) is a 26-year-old condominium located at Toukaishi Arao Machi Megumi Ke 14-2 (東海市荒尾町恵毛14-2), Aichi, Japan. Built in 2000, it comprises 100 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,480〜2,290万円 (approx. $98,667–$152,667 USD at ¥150/$).
Unit sizes range from 67.1–85.7 sqm (722–922 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LK (3LK), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.4万/sqm (approx. $1,829/sqm or $170/sqft).
Location & Neighborhood
The property is located at Toukaishi Arao Machi Megumi Ke 14-2 (東海市荒尾町恵毛14-2), Aichi, Japan. It is a 13-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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 100 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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