Overview of Monaaku Isesaki (モナーク伊勢崎)
Monaaku Isesaki (モナーク伊勢崎) is a 18-year-old condominium located at Isesaki Ichihei Wa Machi 18-14 (伊勢崎市平和町18-14), Gunma, Japan. Built in 2008, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Tanaka Kensetsu (田中建設).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,350〜2,640万円 (approx. $90,000–$176,000 USD at ¥150/$).
Unit sizes range from 55.6–77.6 sqm (598–835 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.5万/sqm (approx. $1,565/sqm or $145/sqft).
Location & Neighborhood
The property is located at Isesaki Ichihei Wa Machi 18-14 (伊勢崎市平和町18-14), Gunma, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
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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