Overview of Roozuvira Heiya (ローズヴィラ平野)
Roozuvira Heiya (ローズヴィラ平野) is a 35-year-old condominium located at Oosakashi Heiya Ku Ryuu Machi 3 Choume 10-7 (大阪市平野区流町3丁目10-7), Osaka, Japan. Built in 1991, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,600〜3,480万円 (approx. $106,667–$232,000 USD at ¥150/$).
Unit sizes range from 64.4–78.9 sqm (693–849 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: ¥40.6万/sqm (approx. $2,706/sqm or $251/sqft).
Location & Neighborhood
The property is located at Oosakashi Heiya Ku Ryuu Machi 3 Choume 10-7 (大阪市平野区流町3丁目10-7), 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 35 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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