Overview of Abeno San Mei Machi Paakuhoomuzu (阿倍野三明町パークホームズ)
Abeno San Mei Machi Paakuhoomuzu (阿倍野三明町パークホームズ) is a 38-year-old condominium located at Oosakashi Abenoku San Mei Machi 2 Choume 6-7 (大阪市阿倍野区三明町2丁目6-7), Osaka, Japan. Built in 1988, it comprises 17 units in a Reinforced Concrete (RC) structure. It was constructed by Taun Sekkei (タウン設計).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,480〜2,980万円 (approx. $98,667–$198,667 USD at ¥150/$).
Unit sizes range from 51.9–71.2 sqm (559–766 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥38.6万/sqm (approx. $2,576/sqm or $239/sqft).
Location & Neighborhood
The property is located at Oosakashi Abenoku San Mei Machi 2 Choume 6-7 (大阪市阿倍野区三明町2丁目6-7), Osaka, Japan. It is a 5-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
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 38 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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