Overview of Paakuhaimu Sanada Sankou Sono (パークハイム真田山公園)
Paakuhaimu Sanada Sankou Sono (パークハイム真田山公園) is a 37-year-old condominium located at Oosakashi Tennouji Ku Karabori Machi 3-3 (大阪市天王寺区空堀町3-3), Osaka, Japan. Built in 1989, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Fujiki Koumuten (藤木工務店).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,680〜4,490万円 (approx. $112,000–$299,333 USD at ¥150/$).
Unit sizes range from 54.8–80.9 sqm (590–871 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥67.9万/sqm (approx. $4,529/sqm or $421/sqft).
Location & Neighborhood
The property is located at Oosakashi Tennouji Ku Karabori Machi 3-3 (大阪市天王寺区空堀町3-3), Osaka, Japan. It is a 3-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 37 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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