Overview of Esuraizu Nanba East (エスライズ難波EAST)
Esuraizu Nanba East (エスライズ難波EAST) is a 17-year-old condominium located at Oosakashi Naniwa Ku Shimodera 2 Choume 2-17 (大阪市浪速区下寺2丁目2-17), Osaka, Japan. Built in 2009, it comprises 94 units in a Reinforced Concrete (RC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 38 past listings, prices have ranged from 1,180〜1,650万円 (approx. $78,667–$110,000 USD at ¥150/$).
Unit sizes range from 23.6–24.1 sqm (254–259 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥62.3万/sqm (approx. $4,152/sqm or $386/sqft).
Location & Neighborhood
The property is located at Oosakashi Naniwa Ku Shimodera 2 Choume 2-17 (大阪市浪速区下寺2丁目2-17), Osaka, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 94 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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