Overview of Sanmezon Naka Yuki Shima Minami Rumieeru (サンメゾン中之島南ルミエール)
Sanmezon Naka Yuki Shima Minami Rumieeru (サンメゾン中之島南ルミエール) is a 23-year-old condominium located at Oosakashi Nishiku Edo Hori 2 Choume 7-26 (大阪市西区江戸堀2丁目7-26), Osaka, Japan. Built in 2003, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Zenidaka Kumi (錢高組).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 2,580〜9,200万円 (approx. $172,000–$613,333 USD at ¥150/$).
Unit sizes range from 64.8–116.5 sqm (698–1254 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oosakashi Nishiku Edo Hori 2 Choume 7-26 (大阪市西区江戸堀2丁目7-26), Osaka, Japan. It is a 9-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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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