Overview of Gurandoparesu Tagajou Ekuserento (グランドパレス多賀城エクセレント)
Gurandoparesu Tagajou Ekuserento (グランドパレス多賀城エクセレント) is a 25-year-old condominium located at Tagajoushi Takasaki 3 Choume 27-30 (多賀城市高崎3丁目27-30), Miyagi, Japan. Built in 2001, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 1,800〜2,698万円 (approx. $120,000–$179,867 USD at ¥150/$).
Unit sizes range from 76.6–85.1 sqm (825–916 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.7万/sqm (approx. $2,179/sqm or $202/sqft).
Location & Neighborhood
The property is located at Tagajoushi Takasaki 3 Choume 27-30 (多賀城市高崎3丁目27-30), Miyagi, Japan. It is a 10-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 25 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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