Overview of Guranpiamanshon Nagasaki (グランピアマンション長崎)
Guranpiamanshon Nagasaki (グランピアマンション長崎) is a 35-year-old condominium located at Nagasakishi Oohashichou 5-8 (長崎市大橋町5-8), Nagasaki, Japan. Built in 1991, it comprises 77 units in a Reinforced Concrete (RC) structure. It was constructed by Nishizu Kensetsu (西津建設).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 248〜430万円 (approx. $16,533–$28,667 USD at ¥150/$).
Unit sizes range from 17.4–21.0 sqm (187–226 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥14.7万/sqm (approx. $977/sqm or $91/sqft).
Location & Neighborhood
The property is located at Nagasakishi Oohashichou 5-8 (長崎市大橋町5-8), Nagasaki, 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
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 77 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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