Overview of Verudooru Fujiidera 2 (ヴェルドール藤井寺２)
Verudooru Fujiidera 2 (ヴェルドール藤井寺２) is a 28-year-old condominium located at Fujiidera Shi Hayashi 2 Choume 6-47 (藤井寺市林2丁目6-47), Osaka, Japan. Built in 1998, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Ookura Kensetsu (大倉建設).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 1,140〜1,590万円 (approx. $76,000–$106,000 USD at ¥150/$).
Unit sizes range from 70.4–71.8 sqm (758–773 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.7万/sqm (approx. $1,578/sqm or $147/sqft).
Location & Neighborhood
The property is located at Fujiidera Shi Hayashi 2 Choume 6-47 (藤井寺市林2丁目6-47), Osaka, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 28 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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