Overview of Ateiasu Izumi Chuuou Guranburesutooruzusukuea (アティアス和泉中央グランブレストールズスクエア)
Ateiasu Izumi Chuuou Guranburesutooruzusukuea (アティアス和泉中央グランブレストールズスクエア) is a 23-year-old condominium located at Izumi Shi Ibuki No 4 Choume 1-2 (和泉市いぶき野4丁目1-2), Osaka, Japan. Built in 2003, it comprises 145 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 3,230〜6,780万円 (approx. $215,333–$452,000 USD at ¥150/$).
Unit sizes range from 106.5–157.4 sqm (1146–1694 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥37.0万/sqm (approx. $2,464/sqm or $229/sqft).
Location & Neighborhood
The property is located at Izumi Shi Ibuki No 4 Choume 1-2 (和泉市いぶき野4丁目1-2), 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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 145 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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