Overview of Erushiero Jimokuji Taiyou No Kan (エルシエロ甚目寺太陽の館)
Erushiero Jimokuji Taiyou No Kan (エルシエロ甚目寺太陽の館) is a 25-year-old condominium located at Ama Shi Shinkyo Ya 49 (あま市新居屋49), Aichi, Japan. Built in 2001, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Maruhi Kensetsu (まるひ建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,080〜2,980万円 (approx. $72,000–$198,667 USD at ¥150/$).
Unit sizes range from 100.0–120.5 sqm (1076–1297 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), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.4万/sqm (approx. $1,425/sqm or $132/sqft).
Location & Neighborhood
The property is located at Ama Shi Shinkyo Ya 49 (あま市新居屋49), Aichi, Japan. It is a 20-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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