Overview of Kuresuta Yao Higashi Ferittsuio (クレスタ八尾東フェリッツィオ)
Kuresuta Yao Higashi Ferittsuio (クレスタ八尾東フェリッツィオ) is a 20-year-old condominium located at Yaoshi Shiki Machi Minami 2 Choume 1-1 (八尾市志紀町南2丁目1-1), Osaka, Japan. Built in 2006, it comprises 63 units in a Reinforced Concrete (RC) structure. It was constructed by Aoki Asunaro Kensetsu (青木あすなろ建設).
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 1,590〜2,698万円 (approx. $106,000–$179,867 USD at ¥150/$).
Unit sizes range from 59.2–79.0 sqm (637–850 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.5万/sqm (approx. $2,369/sqm or $220/sqft).
Location & Neighborhood
The property is located at Yaoshi Shiki Machi Minami 2 Choume 1-1 (八尾市志紀町南2丁目1-1), 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
Scale advantage: With 63 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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