Overview of Guriintopia 2 1 Komyunetto Kashiba (グリーントピア２１コミュネット香芝)
Guriintopia 2 1 Komyunetto Kashiba (グリーントピア２１コミュネット香芝) is a 26-year-old condominium located at Kashiba Shi Shimoda Nishi 1 Choume 5-13 (香芝市下田西1丁目5-13), Nara, Japan. Built in 2000, it comprises 71 units in a Reinforced Concrete (RC) structure. It was constructed by Morishita Kumi (森下組).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 980〜2,698万円 (approx. $65,333–$179,867 USD at ¥150/$).
Unit sizes range from 75.1–124.3 sqm (808–1338 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥25.6万/sqm (approx. $1,705/sqm or $158/sqft).
Location & Neighborhood
The property is located at Kashiba Shi Shimoda Nishi 1 Choume 5-13 (香芝市下田西1丁目5-13), Nara, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 71 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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