Overview of Asahi Puraza Senboku Fukai (朝日プラザ泉北深井)
Asahi Puraza Senboku Fukai (朝日プラザ泉北深井) is a 38-year-old condominium located at Sakaishi Nakaku Higashiyama 831-1 (堺市中区東山831-1), Osaka, Japan. Built in 1988, it comprises 38 units in a Reinforced Concrete (RC) structure. It was constructed by Asahi Juuken (朝日住建).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 880〜1,650万円 (approx. $58,667–$110,000 USD at ¥150/$).
Unit sizes range from 63.0–81.5 sqm (678–877 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3SDK (3-bedroom w/ dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.2万/sqm (approx. $1,346/sqm or $125/sqft).
Location & Neighborhood
The property is located at Sakaishi Nakaku Higashiyama 831-1 (堺市中区東山831-1), Osaka, Japan. It is a 18-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 38 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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