Overview of Nebaarando Matsubara (ネバーランド松原)
Nebaarando Matsubara (ネバーランド松原) is a 19-year-old condominium located at Matsubara Shi Shibagaki 1 Choume 1 (松原市柴垣1丁目1), Osaka, Japan. Built in 2007, it comprises 61 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 46 past listings, prices have ranged from 1,750〜3,780万円 (approx. $116,667–$252,000 USD at ¥150/$).
Unit sizes range from 62.7–96.0 sqm (675–1033 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥39.9万/sqm (approx. $2,660/sqm or $247/sqft).
Location & Neighborhood
The property is located at Matsubara Shi Shibagaki 1 Choume 1 (松原市柴垣1丁目1), Osaka, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 61 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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