Overview of Puraudo Iwakura (プラウド岩倉)
Puraudo Iwakura (プラウド岩倉) is a 22-year-old condominium located at Iwakura Shi Shita Honchou Shimoichi Ba 136-2 (岩倉市下本町下市場136-2), Aichi, Japan. Built in 2004, it comprises 90 units in a Reinforced Concrete (RC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,990〜4,780万円 (approx. $132,667–$318,667 USD at ¥150/$).
Unit sizes range from 71.1–103.1 sqm (765–1110 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Location & Neighborhood
The property is located at Iwakura Shi Shita Honchou Shimoichi Ba 136-2 (岩倉市下本町下市場136-2), Aichi, Japan. It is a 1-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 90 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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