Overview of Guranshisufooto Nakamozu 1 Ban Kan (グランシスフォート中百舌鳥１番館)
Guranshisufooto Nakamozu 1 Ban Kan (グランシスフォート中百舌鳥１番館) is a 23-year-old condominium located at Sakaishi Kitaku Nakamozu Machi 6 Choume 1034-6 (堺市北区中百舌鳥町6丁目1034-6), Osaka, Japan. Built in 2003, it comprises 131 units in a Reinforced Concrete (RC) structure. It was constructed by Fudou Kensetsu , Touwa Fudousan (不動建設、 藤和不動産).
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 2,280〜4,650万円 (approx. $152,000–$310,000 USD at ¥150/$).
Unit sizes range from 66.5–98.7 sqm (716–1062 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: ¥43.4万/sqm (approx. $2,896/sqm or $269/sqft).
Location & Neighborhood
The property is located at Sakaishi Kitaku Nakamozu Machi 6 Choume 1034-6 (堺市北区中百舌鳥町6丁目1034-6), Osaka, Japan. It is a 4-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 131 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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