Overview of Rofutei Kounan (ロフティ江南)
Rofutei Kounan (ロフティ江南) is a 24-year-old condominium located at Kounan Ichiki Ga Higashichou Shin Tsuka 151 (江南市木賀東町新塚151), Aichi, Japan. Built in 2002, it comprises 17 units in a Reinforced Concrete (RC) structure. It was constructed by Ooi Kensetsu (大井建設).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,260〜2,100万円 (approx. $84,000–$140,000 USD at ¥150/$).
Unit sizes range from 91.9–102.1 sqm (989–1099 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Kounan Ichiki Ga Higashichou Shin Tsuka 151 (江南市木賀東町新塚151), Aichi, Japan. It is a 11-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 24 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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