Overview of Riigaru Fukushima Ekimae (リーガル福島駅前)
Riigaru Fukushima Ekimae (リーガル福島駅前) is a 20-year-old condominium located at Oosakashi Fukushima Ku Fukushima 5 Choume 9-3 (大阪市福島区福島5丁目9-3), Osaka, Japan. Built in 2006, it comprises 67 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 3,250〜8,980万円 (approx. $216,667–$598,667 USD at ¥150/$).
Unit sizes range from 62.6–90.3 sqm (674–972 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 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: ¥103.6万/sqm (approx. $6,905/sqm or $641/sqft).
Location & Neighborhood
The property is located at Oosakashi Fukushima Ku Fukushima 5 Choume 9-3 (大阪市福島区福島5丁目9-3), Osaka, Japan. It is a 1-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 67 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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