Overview of Touwa Raibutaun Nakamozu (藤和ライブタウンなかもず)
Touwa Raibutaun Nakamozu (藤和ライブタウンなかもず) is a 31-year-old condominium located at Sakaishi Kitaku Mozu Ume Machi 3 Choume 13-4 (堺市北区百舌鳥梅町3丁目13-4), Osaka, Japan. Built in 1995, it comprises 90 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 1,880〜2,880万円 (approx. $125,333–$192,000 USD at ¥150/$).
Unit sizes range from 65.1–73.8 sqm (701–794 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥38.6万/sqm (approx. $2,573/sqm or $239/sqft).
Location & Neighborhood
The property is located at Sakaishi Kitaku Mozu Ume Machi 3 Choume 13-4 (堺市北区百舌鳥梅町3丁目13-4), Osaka, Japan. It is a 8-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 90 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.
Analyze this property's fair price and negotiation room for free at RE:public.