Overview of Feakooto Asashio Hashi (フェアコート朝潮橋)
Feakooto Asashio Hashi (フェアコート朝潮橋) is a 26-year-old condominium located at Oosakashi Minatoku Hachiman Ya 1 Choume 7-13 (大阪市港区八幡屋1丁目7-13), Osaka, Japan. Built in 2000, it comprises 30 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 2,280〜3,635万円 (approx. $152,000–$242,333 USD at ¥150/$).
Unit sizes range from 67.6–70.3 sqm (728–757 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oosakashi Minatoku Hachiman Ya 1 Choume 7-13 (大阪市港区八幡屋1丁目7-13), Osaka, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 26 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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