Overview of Sharumanfuji Izumiootsu Roiyarugaaden (シャルマンフジ泉大津ロイヤルガーデン)
Sharumanfuji Izumiootsu Roiyarugaaden (シャルマンフジ泉大津ロイヤルガーデン) is a 27-year-old condominium located at Izumiootsu Ichisuke Matsu Machi 3 Choume 1-31 (泉大津市助松町3丁目1-31), Osaka, Japan. Built in 1999, it comprises 91 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 680〜2,090万円 (approx. $45,333–$139,333 USD at ¥150/$).
Unit sizes range from 63.8–80.3 sqm (687–864 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-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).
Estimated price per sqm: ¥18.7万/sqm (approx. $1,244/sqm or $116/sqft).
Location & Neighborhood
The property is located at Izumiootsu Ichisuke Matsu Machi 3 Choume 1-31 (泉大津市助松町3丁目1-31), Osaka, Japan. It is a 7-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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