Overview of Ribaagaaden Minatomisaki (リバーガーデンみなとみさき)
Ribaagaaden Minatomisaki (リバーガーデンみなとみさき) is a 19-year-old condominium located at Oosakashi Minatoku San Saki 2 Choume 20-75 (大阪市港区三先2丁目20-75), Osaka, Japan. Built in 2007, it comprises 116 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou (前田建設工業).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 2,480〜4,800万円 (approx. $165,333–$320,000 USD at ¥150/$).
Unit sizes range from 67.8–110.7 sqm (730–1192 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: ¥51.8万/sqm (approx. $3,454/sqm or $321/sqft).
Location & Neighborhood
The property is located at Oosakashi Minatoku San Saki 2 Choume 20-75 (大阪市港区三先2丁目20-75), Osaka, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 116 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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