Overview of Gaadenkooto Izumi Chuuou 4 Goutou (ガーデンコート和泉中央４号棟)
Gaadenkooto Izumi Chuuou 4 Goutou (ガーデンコート和泉中央４号棟) is a 31-year-old condominium located at Izumi Shi Ibuki No 3 Choume 5-7 (和泉市いぶき野3丁目5-7), Osaka, Japan. Built in 1995, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Kounoike Kumi (鴻池組).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 1,890〜2,390万円 (approx. $126,000–$159,333 USD at ¥150/$).
Unit sizes range from 78.6–78.6 sqm (846–846 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Izumi Shi Ibuki No 3 Choume 5-7 (和泉市いぶき野3丁目5-7), Osaka, Japan. It is a 5-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 31 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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