Overview of Kizu Kabuto Dai Danchi 2 Goutou (木津かぶと台団地２号棟)
Kizu Kabuto Dai Danchi 2 Goutou (木津かぶと台団地２号棟) is a 33-year-old condominium located at Kizugawa Shi Kabuto Dai 5 Choume 1-13 (木津川市兜台5丁目1-13), Kyoto, Japan. Built in 1993, it comprises 372 units in a Reinforced Concrete (RC) structure. It was constructed by Okano ・tsubasa・ Katsumi Kyoudou Kigyoutai (岡野・ツバサ・克巳共同企業体).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥21.2万/sqm (approx. $1,414/sqm or $131/sqft).
Location & Neighborhood
The property is located at Kizugawa Shi Kabuto Dai 5 Choume 1-13 (木津川市兜台5丁目1-13), Kyoto, Japan. It is a 18-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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 372 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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