Overview of Aguraado Sakai (アグラード堺)
Aguraado Sakai (アグラード堺) is a 30-year-old condominium located at Sakaishi Sakai Ku Shinmeichou Higashi 1 Choume 1-14 (堺市堺区神明町東1丁目1-14), Osaka, Japan. Built in 1996, it comprises 42 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sai Mon Kensetsu , Mitsuo Kensetsu (才門建設、 三雄建設).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 890〜2,198万円 (approx. $59,333–$146,533 USD at ¥150/$).
Unit sizes range from 51.3–60.6 sqm (552–652 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.0万/sqm (approx. $2,199/sqm or $204/sqft).
Location & Neighborhood
The property is located at Sakaishi Sakai Ku Shinmeichou Higashi 1 Choume 1-14 (堺市堺区神明町東1丁目1-14), Osaka, Japan. It is a 1-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 30 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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