Overview of Ekuseraato Matsu No Hama (エクセラート松ノ浜)
Ekuseraato Matsu No Hama (エクセラート松ノ浜) is a 40-year-old condominium located at Izumiootsu Ichisuke Matsu Machi 3 Choume 1-15 (泉大津市助松町3丁目1-15), Osaka, Japan. Built in 1986, it comprises 54 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 680〜1,980万円 (approx. $45,333–$132,000 USD at ¥150/$).
Unit sizes range from 60.9–86.1 sqm (656–927 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.1万/sqm (approx. $1,273/sqm or $118/sqft).
Location & Neighborhood
The property is located at Izumiootsu Ichisuke Matsu Machi 3 Choume 1-15 (泉大津市助松町3丁目1-15), Osaka, Japan. It is a 6-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 54 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.
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