Overview of Juraku Sono Taunhausu (聚楽園タウンハウス)
Juraku Sono Taunhausu (聚楽園タウンハウス) is a 45-year-old condominium located at Toukaishi Arao Machi Yori Kame 40 (東海市荒尾町寄亀40), Aichi, Japan. Built in 1981, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 650〜1,599万円 (approx. $43,333–$106,600 USD at ¥150/$).
Unit sizes range from 78.3–81.1 sqm (843–873 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 Toukaishi Arao Machi Yori Kame 40 (東海市荒尾町寄亀40), Aichi, Japan. It is a 10-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 45 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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