Overview of Beruaabanitei Higashisumiyoshi (ベルアーバニティ東住吉)
Beruaabanitei Higashisumiyoshi (ベルアーバニティ東住吉) is a 31-year-old condominium located at Oosakashi Higashisumiyoshi Ku Kuwazu 3 Choume 14-23 (大阪市東住吉区桑津3丁目14-23), Osaka, Japan. Built in 1995, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Isuzu Kensetsu (五十鈴建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,340〜2,998万円 (approx. $89,333–$199,867 USD at ¥150/$).
Unit sizes range from 60.0–63.0 sqm (646–678 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥47.9万/sqm (approx. $3,193/sqm or $297/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashisumiyoshi Ku Kuwazu 3 Choume 14-23 (大阪市東住吉区桑津3丁目14-23), 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 31 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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