Overview of Daiaparesu Koufu Joutou (ダイアパレス甲府城東)
Daiaparesu Koufu Joutou (ダイアパレス甲府城東) is a 35-year-old condominium located at Koufushi Joutou 3 Choume 16-30 , 35 (甲府市城東3丁目16-30、35), Yamanashi, Japan. Built in 1991, it comprises 59 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou , Hayano Kumi (東海興業、 早野組).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 500〜1,200万円 (approx. $33,333–$80,000 USD at ¥150/$).
Unit sizes range from 39.1–90.5 sqm (421–974 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.3万/sqm (approx. $888/sqm or $82/sqft).
Location & Neighborhood
The property is located at Koufushi Joutou 3 Choume 16-30 , 35 (甲府市城東3丁目16-30、35), Yamanashi, Japan. It is a 7-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 59 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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