Overview of Puroparesu Minami Sumiyoshi Akutouuru (プロパレス南住吉アクトゥール)
Puroparesu Minami Sumiyoshi Akutouuru (プロパレス南住吉アクトゥール) is a 23-year-old condominium located at Oosakashi Sumiyoshi Ku Minami Sumiyoshi 2 Choume 8-32 (大阪市住吉区南住吉2丁目8-32), Osaka, Japan. Built in 2003, it comprises 33 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Mori Kumi , Katsumura Kensetsu (森組、 勝村建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,590〜4,498万円 (approx. $106,000–$299,867 USD at ¥150/$).
Unit sizes range from 56.4–86.8 sqm (607–934 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥57.6万/sqm (approx. $3,843/sqm or $357/sqft).
Location & Neighborhood
The property is located at Oosakashi Sumiyoshi Ku Minami Sumiyoshi 2 Choume 8-32 (大阪市住吉区南住吉2丁目8-32), Osaka, Japan. It is a 9-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 23 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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