Overview of Raionzumanshon Kouchi (ライオンズマンション高知)
Raionzumanshon Kouchi (ライオンズマンション高知) is a 40-year-old condominium located at Kouchishi Kitamoto Machi 2 Choume 2-29 (高知市北本町2丁目2-29), Kochi, Japan. Built in 1986, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 750〜1,690万円 (approx. $50,000–$112,667 USD at ¥150/$).
Unit sizes range from 57.3–83.5 sqm (617–899 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.8万/sqm (approx. $1,186/sqm or $110/sqft).
Location & Neighborhood
The property is located at Kouchishi Kitamoto Machi 2 Choume 2-29 (高知市北本町2丁目2-29), Kochi, 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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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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