Overview of Touwa Shiteihoomuzu Imafuku Tsurumi (藤和シティホームズ今福鶴見)
Touwa Shiteihoomuzu Imafuku Tsurumi (藤和シティホームズ今福鶴見) is a 29-year-old condominium located at Oosakashi Tsurumiku Tsurumi 3 Choume 3-12 (大阪市鶴見区鶴見3丁目3-12), Osaka, Japan. Built in 1997, it comprises 19 units in a Reinforced Concrete (RC) structure. It was constructed by Morimoto Kumi (森本組).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,980〜3,880万円 (approx. $132,000–$258,667 USD at ¥150/$).
Unit sizes range from 61.3–113.5 sqm (660–1222 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oosakashi Tsurumiku Tsurumi 3 Choume 3-12 (大阪市鶴見区鶴見3丁目3-12), Osaka, Japan. It is a 2-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 29 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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