Overview of Nebaarando Izumiootsu Shiesuto (ネバーランド泉大津シエスト)
Nebaarando Izumiootsu Shiesuto (ネバーランド泉大津シエスト) is a 21-year-old condominium located at Izumiootsu Shi Shinonomechou 14-54 (泉大津市東雲町14-54), Osaka, Japan. Built in 2005, it comprises 91 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 57 past listings, prices have ranged from 1,480〜2,690万円 (approx. $98,667–$179,333 USD at ¥150/$).
Unit sizes range from 61.5–85.8 sqm (662–924 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.5万/sqm (approx. $2,034/sqm or $189/sqft).
Location & Neighborhood
The property is located at Izumiootsu Shi Shinonomechou 14-54 (泉大津市東雲町14-54), Osaka, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 91 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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