Overview of Sharumanfuji Hannan (シャルマンフジ阪南)
Sharumanfuji Hannan (シャルマンフジ阪南) is a 31-year-old condominium located at Hannan Shichou Shu Naka 501-1 (阪南市鳥取中501-1), Osaka, Japan. Built in 1995, it comprises 70 units in a Reinforced Concrete (RC) structure. It was constructed by Murasumi Kensetsu (村角建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 350〜780万円 (approx. $23,333–$52,000 USD at ¥150/$).
Unit sizes range from 55.9–62.0 sqm (602–667 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Hannan Shichou Shu Naka 501-1 (阪南市鳥取中501-1), Osaka, Japan. It is a 10-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 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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