Overview of Erukunitteru (エルクニッテル)
Erukunitteru (エルクニッテル) is a 36-year-old condominium located at Kameoka Shi Kita Ko Yo Machi 2 Choume 7-1 (亀岡市北古世町2丁目7-1), Kyoto, Japan. Built in 1990, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by San Kou Sangyou (三煌産業).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 680〜1,399万円 (approx. $45,333–$93,267 USD at ¥150/$).
Unit sizes range from 51.4–65.7 sqm (553–707 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.2万/sqm (approx. $1,416/sqm or $132/sqft).
Location & Neighborhood
The property is located at Kameoka Shi Kita Ko Yo Machi 2 Choume 7-1 (亀岡市北古世町2丁目7-1), Kyoto, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 36 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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