Overview of Gurankooto Koga (グランコート古河)
Gurankooto Koga (グランコート古河) is a 18-year-old condominium located at Koga Shi Higashi 2 Choume 11-21 (古河市東2丁目11-21), Ibaraki, Japan. Built in 2008, it comprises 63 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 1,180〜2,480万円 (approx. $78,667–$165,333 USD at ¥150/$).
Unit sizes range from 54.0–76.2 sqm (581–820 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.7万/sqm (approx. $2,045/sqm or $190/sqft).
Location & Neighborhood
The property is located at Koga Shi Higashi 2 Choume 11-21 (古河市東2丁目11-21), Ibaraki, Japan. It is a 5-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
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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