Overview of Puraudo Izumi (プラウド泉)
Puraudo Izumi (プラウド泉) is a 13-year-old condominium located at Nagoyashi Higashiku Izumi 1 Choume 3-32 (名古屋市東区泉1丁目3-32), Aichi, Japan. Built in 2013, it comprises 51 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsui Sumitomokensetsu (三井住友建設).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 3,700〜7,480万円 (approx. $246,667–$498,667 USD at ¥150/$).
Unit sizes range from 65.1–85.2 sqm (701–917 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 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).
Estimated price per sqm: ¥77.8万/sqm (approx. $5,187/sqm or $482/sqft).
Location & Neighborhood
The property is located at Nagoyashi Higashiku Izumi 1 Choume 3-32 (名古屋市東区泉1丁目3-32), Aichi, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 51 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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