Overview of Gurankooto Ima Ise (グランコート今伊勢)
Gurankooto Ima Ise (グランコート今伊勢) is a 30-year-old condominium located at Ichinomiya Shi Ima Isechou Miyaushiro 19-1 (一宮市今伊勢町宮後19-1), Aichi, Japan. Built in 1996, it comprises 46 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Kensetsu (日本建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 900〜2,380万円 (approx. $60,000–$158,667 USD at ¥150/$).
Unit sizes range from 67.2–73.0 sqm (723–786 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Ichinomiya Shi Ima Isechou Miyaushiro 19-1 (一宮市今伊勢町宮後19-1), Aichi, Japan. It is a 6-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 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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