Overview of Guriinkoopo Kounan (グリーンコーポ江南)
Guriinkoopo Kounan (グリーンコーポ江南) is a 38-year-old condominium located at Kounan Ichiko Chino Machi Tou Tsuka 172-1 (江南市古知野町塔塚172-1), Aichi, Japan. Built in 1988, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 403〜1,480万円 (approx. $26,867–$98,667 USD at ¥150/$).
Unit sizes range from 49.2–79.3 sqm (530–854 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.6万/sqm (approx. $1,040/sqm or $97/sqft).
Location & Neighborhood
The property is located at Kounan Ichiko Chino Machi Tou Tsuka 172-1 (江南市古知野町塔塚172-1), Aichi, 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 38 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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