Overview of Guranreimu Jimokuji 3 (グランレイム甚目寺３)
Guranreimu Jimokuji 3 (グランレイム甚目寺３) is a 30-year-old condominium located at Ama Shi Jimokuji Hachi Shiri 25 (あま市甚目寺八尻25), Aichi, Japan. Built in 1996, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Nakamura Kougyou (中村工業).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 780〜1,560万円 (approx. $52,000–$104,000 USD at ¥150/$).
Unit sizes range from 69.6–92.0 sqm (749–990 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.3万/sqm (approx. $1,023/sqm or $95/sqft).
Location & Neighborhood
The property is located at Ama Shi Jimokuji Hachi Shiri 25 (あま市甚目寺八尻25), Aichi, Japan. It is a 11-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 30 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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