Overview of Fureeshieru Kaizuka (フレーシェル貝塚)
Fureeshieru Kaizuka (フレーシェル貝塚) is a 29-year-old condominium located at Kaizukashi Umi Tsuka 1 Choume 24-5 (貝塚市海塚1丁目24-5), Osaka, Japan. Built in 1997, it comprises 122 units in a Reinforced Concrete (RC) structure. It was constructed by Abe Koumuten , Nakanishi Kensetsu (安部工務店、 中西建設).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 1,020〜2,198万円 (approx. $68,000–$146,533 USD at ¥150/$).
Unit sizes range from 70.6–86.4 sqm (760–930 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.3万/sqm (approx. $1,620/sqm or $151/sqft).
Location & Neighborhood
The property is located at Kaizukashi Umi Tsuka 1 Choume 24-5 (貝塚市海塚1丁目24-5), 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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 122 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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