Overview of Esuperanta・vira Nishiura (エスペランタ・ヴィラ西浦)
Esuperanta・vira Nishiura (エスペランタ・ヴィラ西浦) is a 36-year-old condominium located at Gamagoori Shi Nishiura Machi Ootsuka (蒲郡市西浦町大塚), Aichi, Japan. Built in 1990, it comprises 37 units in a Reinforced Concrete (RC) structure. It was constructed by Toku Kura Kensetsu (徳倉建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 120〜980万円 (approx. $8,000–$65,333 USD at ¥150/$).
Unit sizes range from 54.0–109.9 sqm (581–1183 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥8.2万/sqm (approx. $547/sqm or $51/sqft).
Location & Neighborhood
The property is located at Gamagoori Shi Nishiura Machi Ootsuka (蒲郡市西浦町大塚), Aichi, Japan. It is a 10-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 36 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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