Overview of Mika No Tainan Umi Aabankonfooto 2 Ban Kan (美加の台南海アーバンコンフォート２番館)
Mika No Tainan Umi Aabankonfooto 2 Ban Kan (美加の台南海アーバンコンフォート２番館) is a 39-year-old condominium located at Kawachinagano Shi Mika No Dai 1 Choume 40-1 (河内長野市美加の台1丁目40-1), Osaka, Japan. Built in 1987, it comprises 280 units in a Reinforced Concrete (RC) structure. It was constructed by Nankai Kensetsu , Fujita Kougyou (南海建設、 フジタ工業).
Pricing & Floor Plans
Based on 126 past listings, prices have ranged from 250〜1,380万円 (approx. $16,667–$92,000 USD at ¥150/$).
Unit sizes range from 60.2–100.6 sqm (648–1083 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4DK (4-bedroom w/ dining-kitchen), 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: ¥6.8万/sqm (approx. $452/sqm or $42/sqft).
Location & Neighborhood
The property is located at Kawachinagano Shi Mika No Dai 1 Choume 40-1 (河内長野市美加の台1丁目40-1), Osaka, Japan. It is a 7-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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 280 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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