Overview of Roorerutawaa Ootagawa Ekimae (ローレルタワー太田川駅前)
Roorerutawaa Ootagawa Ekimae (ローレルタワー太田川駅前) is a 11-year-old condominium located at Toukaishi Oota Machi Shita Hamada 137 (東海市大田町下浜田137), Aichi, Japan. Built in 2015, it comprises 106 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥72.6万/sqm (approx. $4,837/sqm or $449/sqft).
Location & Neighborhood
The property is located at Toukaishi Oota Machi Shita Hamada 137 (東海市大田町下浜田137), Aichi, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Scale advantage: With 106 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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