Overview of Dio・ferutei Sumiyoshi Kouen Toori (ディオ・フェルティ住吉公園通)
Dio・ferutei Sumiyoshi Kouen Toori (ディオ・フェルティ住吉公園通) is a 30-year-old condominium located at Oosakashi Sumiyoshi Ku Sen Karada 2 Choume 8-22 (大阪市住吉区千躰2丁目8-22), Osaka, Japan. Built in 1996, it comprises 46 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 45 past listings, prices have ranged from 1,290〜3,450万円 (approx. $86,000–$230,000 USD at ¥150/$).
Unit sizes range from 58.5–65.1 sqm (630–701 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥49.3万/sqm (approx. $3,288/sqm or $305/sqft).
Location & Neighborhood
The property is located at Oosakashi Sumiyoshi Ku Sen Karada 2 Choume 8-22 (大阪市住吉区千躰2丁目8-22), Osaka, Japan. It is a 5-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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