Overview of Arufasuteitsu Kakogawa (アルファステイツ加古川)
Arufasuteitsu Kakogawa (アルファステイツ加古川) is a 21-year-old condominium located at Kakogawa Shi Kakogawa Chouboku Mura 486-7 (加古川市加古川町木村486-7), Hyogo, Japan. Built in 2005, it comprises 52 units in a Reinforced Concrete (RC) structure. It was constructed by Andou Kensetsu , Maekawa Kensetsu (安藤建設、 前川建設).
Pricing & Floor Plans
Based on 55 past listings, prices have ranged from 1,390〜2,890万円 (approx. $92,667–$192,667 USD at ¥150/$).
Unit sizes range from 69.3–94.8 sqm (746–1020 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.5万/sqm (approx. $1,769/sqm or $164/sqft).
Location & Neighborhood
The property is located at Kakogawa Shi Kakogawa Chouboku Mura 486-7 (加古川市加古川町木村486-7), Hyogo, Japan. It is a 20-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 52 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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