Overview of Gurandoparesu Uesu Ma (グランドパレス上須磨)
Gurandoparesu Uesu Ma (グランドパレス上須磨) is a 43-year-old condominium located at Koubeshi Suma Ku Wakakusa Machi 1 Choume 2-5 (神戸市須磨区若草町1丁目2-5), Hyogo, Japan. Built in 1983, it comprises 117 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 115 past listings, prices have ranged from 490〜1,690万円 (approx. $32,667–$112,667 USD at ¥150/$).
Unit sizes range from 78.8–92.7 sqm (848–998 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-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: ¥12.9万/sqm (approx. $863/sqm or $80/sqft).
Location & Neighborhood
The property is located at Koubeshi Suma Ku Wakakusa Machi 1 Choume 2-5 (神戸市須磨区若草町1丁目2-5), Hyogo, Japan. It is a 19-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 43 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 117 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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