Overview of Guranmeeru Totsuka (グランメール戸塚)
Guranmeeru Totsuka (グランメール戸塚) is a 46-year-old condominium located at Yokohamashitotsukaku Yabe Machi 963-4 (横浜市戸塚区矢部町963-4), Kanagawa, Japan. Built in 1980, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Sanpei Kougyou (三平興業).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 900〜2,170万円 (approx. $60,000–$144,667 USD at ¥150/$).
Unit sizes range from 62.7–62.7 sqm (675–675 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.6万/sqm (approx. $1,510/sqm or $140/sqft).
Location & Neighborhood
The property is located at Yokohamashitotsukaku Yabe Machi 963-4 (横浜市戸塚区矢部町963-4), Kanagawa, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Seismic standards: Built in 1980, this property predates Japan's 1981 New Seismic Design Standards (新耐震基準). Buildings constructed before June 1981 were built to older earthquake resistance codes. Buyers should consider seismic retrofit status.
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 46 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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