Overview of Gurande Minoo (グランデ箕面)
Gurande Minoo (グランデ箕面) is a 44-year-old condominium located at Minoo Shi Sakurai 3 Choume 6-14 (箕面市桜井3丁目6-14), Osaka, Japan. Built in 1982, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Morimoto Kumi (森本組).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,300〜2,490万円 (approx. $86,667–$166,000 USD at ¥150/$).
Unit sizes range from 81.0–91.7 sqm (872–987 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥25.8万/sqm (approx. $1,717/sqm or $160/sqft).
Location & Neighborhood
The property is located at Minoo Shi Sakurai 3 Choume 6-14 (箕面市桜井3丁目6-14), Osaka, Japan. It is a 9-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 44 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.
Analyze this property's fair price and negotiation room for free at RE:public.