Overview of Guriinkoopo Fuji Ke Oka Higashi (グリーンコーポ藤ヶ丘東)
Guriinkoopo Fuji Ke Oka Higashi (グリーンコーポ藤ヶ丘東) is a 31-year-old condominium located at Nagakute Shi Ne No Kami 912 (長久手市根の神912), Aichi, Japan. Built in 1995, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Goyoukensetsu (五洋建設).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 1,300〜1,990万円 (approx. $86,667–$132,667 USD at ¥150/$).
Unit sizes range from 65.6–74.7 sqm (706–804 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).
Estimated price per sqm: ¥26.2万/sqm (approx. $1,748/sqm or $162/sqft).
Location & Neighborhood
The property is located at Nagakute Shi Ne No Kami 912 (長久手市根の神912), Aichi, Japan. It is a 8-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 31 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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