Overview of Karuteia Shikatsu (カルティア師勝)
Karuteia Shikatsu (カルティア師勝) is a 27-year-old condominium located at Kitanagoya Shi Shikata Shimizu 22 (北名古屋市鹿田清水22), Aichi, Japan. Built in 1999, it comprises 11 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Kensetsu (日本建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,380〜2,980万円 (approx. $92,000–$198,667 USD at ¥150/$).
Unit sizes range from 75.3–93.2 sqm (811–1003 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.9万/sqm (approx. $2,125/sqm or $197/sqft).
Location & Neighborhood
The property is located at Kitanagoya Shi Shikata Shimizu 22 (北名古屋市鹿田清水22), Aichi, Japan. It is a 6-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 27 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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