Overview of Esutemukooto Shitennou Tera Yuuhi Oka (エステムコート四天王寺夕陽丘)
Esutemukooto Shitennou Tera Yuuhi Oka (エステムコート四天王寺夕陽丘) is a 36-year-old condominium located at Oosakashi Tennouji Ku Oosaka 2 Choume 5-18 (大阪市天王寺区逢阪2丁目5-18), Osaka, Japan. Built in 1990, it comprises 74 units in a Reinforced Concrete (RC) structure. It was constructed by Daiwadanchi (大和団地).
Pricing & Floor Plans
Based on 97 past listings, prices have ranged from 690〜1,250万円 (approx. $46,000–$83,333 USD at ¥150/$).
Unit sizes range from 17.4–20.6 sqm (187–222 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥58.4万/sqm (approx. $3,894/sqm or $362/sqft).
Location & Neighborhood
The property is located at Oosakashi Tennouji Ku Oosaka 2 Choume 5-18 (大阪市天王寺区逢阪2丁目5-18), Osaka, Japan. It is a 7-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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 74 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.
Analyze this property's fair price and negotiation room for free at RE:public.