Overview of Ribio Sumiyoshi Taisha Ekimae (リビオ住吉大社駅前)
Ribio Sumiyoshi Taisha Ekimae (リビオ住吉大社駅前) is a 7-year-old condominium located at Oosakashi Sumiyoshi Ku Higashi Kohama 3 Choume 31 (大阪市住吉区東粉浜3丁目31), Osaka, Japan. Built in 2019, it comprises 67 units in a Reinforced Concrete (RC) structure. It was constructed by Iwata Chizaki Kensetsu (岩田地崎建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥73.4万/sqm (approx. $4,895/sqm or $455/sqft).
Location & Neighborhood
The property is located at Oosakashi Sumiyoshi Ku Higashi Kohama 3 Choume 31 (大阪市住吉区東粉浜3丁目31), 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
Scale advantage: With 67 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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