Overview of Haitsu Izumi Fuchuu (ハイツ和泉府中)
Haitsu Izumi Fuchuu (ハイツ和泉府中) is a 41-year-old condominium located at Izumi Shifu Nakamachi 8 Choume 7-27 (和泉市府中町8丁目7-27), Osaka, Japan. Built in 1985, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Asakawa Kumi (淺川組).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 600〜1,499万円 (approx. $40,000–$99,933 USD at ¥150/$).
Unit sizes range from 63.7–63.7 sqm (686–686 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Izumi Shifu Nakamachi 8 Choume 7-27 (和泉市府中町8丁目7-27), 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 41 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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