Overview of Ruishatore Shimizudani (ルイシャトレ清水谷)
Ruishatore Shimizudani (ルイシャトレ清水谷) is a 26-year-old condominium located at Oosakashi Tennouji Ku Uehonmachi 2 Choume 1-26 (大阪市天王寺区上本町2丁目1-26), Osaka, Japan. Built in 2000, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 1,620〜5,780万円 (approx. $108,000–$385,333 USD at ¥150/$).
Unit sizes range from 54.2–80.7 sqm (583–869 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥88.1万/sqm (approx. $5,871/sqm or $545/sqft).
Location & Neighborhood
The property is located at Oosakashi Tennouji Ku Uehonmachi 2 Choume 1-26 (大阪市天王寺区上本町2丁目1-26), Osaka, Japan. It is a 5-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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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