Overview of Erugurande Kariya Raizukooto (エルグランデ刈谷ライズコート)
Erugurande Kariya Raizukooto (エルグランデ刈谷ライズコート) is a 10-year-old condominium located at Kariyashi Isshoku Machi 1 Choume 79-1 (刈谷市一色町1丁目79-1), Aichi, Japan. Built in 2016, it comprises 63 units in a Reinforced Concrete (RC) structure. It was constructed by Nihonkokudokaihatsu (日本国土開発).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥38.1万/sqm (approx. $2,540/sqm or $236/sqft).
Location & Neighborhood
The property is located at Kariyashi Isshoku Machi 1 Choume 79-1 (刈谷市一色町1丁目79-1), Aichi, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 63 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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