Overview of Erushiero Oobu Taiyou No Kan (エルシエロ大府太陽の館)
Erushiero Oobu Taiyou No Kan (エルシエロ大府太陽の館) is a 23-year-old condominium located at Oobu Shi Asahi Machi 5 Choume 28-1 (大府市朝日町5丁目28-1), Aichi, Japan. Built in 2003, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Oomoto Kumi (大本組).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 2,100〜3,280万円 (approx. $140,000–$218,667 USD at ¥150/$).
Unit sizes range from 96.2–100.8 sqm (1035–1085 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.7万/sqm (approx. $1,649/sqm or $153/sqft).
Location & Neighborhood
The property is located at Oobu Shi Asahi Machi 5 Choume 28-1 (大府市朝日町5丁目28-1), 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.
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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