Overview of Mezondooruesupotoore Sumiyoshi (メゾンドールエスポトーレ住吉)
Mezondooruesupotoore Sumiyoshi (メゾンドールエスポトーレ住吉) is a 23-year-old condominium located at Oosakashi Sumiyoshi Ku Tonotsuji 2 Choume 1-15 (大阪市住吉区殿辻2丁目1-15), Osaka, Japan. Built in 2003, it comprises 67 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taiseikensetsu (大成建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 2,280〜4,280万円 (approx. $152,000–$285,333 USD at ¥150/$).
Unit sizes range from 66.4–85.7 sqm (715–922 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥49.7万/sqm (approx. $3,311/sqm or $308/sqft).
Location & Neighborhood
The property is located at Oosakashi Sumiyoshi Ku Tonotsuji 2 Choume 1-15 (大阪市住吉区殿辻2丁目1-15), Osaka, Japan. It is a 2-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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