Overview of Arubisu Ikeda (アルビス池田)
Arubisu Ikeda (アルビス池田) is a 32-year-old condominium located at Ikeda Shi Hachi Ouji 1 Choume 8-101 ~ 108 , 201 ~ 205 (池田市八王寺1丁目8-101〜108、201〜205), Osaka, Japan. Built in 1994, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Koonan Kensetsu (コーナン建設).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,490〜2,680万円 (approx. $99,333–$178,667 USD at ¥150/$).
Unit sizes range from 64.5–90.4 sqm (694–973 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Ikeda Shi Hachi Ouji 1 Choume 8-101 ~ 108 , 201 ~ 205 (池田市八王寺1丁目8-101〜108、201〜205), Osaka, Japan. It is a 13-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 32 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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