Overview of Gurankooto Sakai 2 (グランコート堺２)
Gurankooto Sakai 2 (グランコート堺２) is a 32-year-old condominium located at Sakaishi Sakai Ku Yadoya Machi Higashi 1 Choume 1-7 (堺市堺区宿屋町東1丁目1-7), Osaka, Japan. Built in 1994, it comprises 25 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Imanishi Kumi (今西組).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,080〜2,080万円 (approx. $72,000–$138,667 USD at ¥150/$).
Unit sizes range from 67.6–70.4 sqm (728–758 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).
Location & Neighborhood
The property is located at Sakaishi Sakai Ku Yadoya Machi Higashi 1 Choume 1-7 (堺市堺区宿屋町東1丁目1-7), Osaka, 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 32 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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