Overview of Efooto Matsubara (エフォート松原)
Efooto Matsubara (エフォート松原) is a 25-year-old condominium located at Matsubara Shiritsu Bu 1 Choume 124-2 (松原市立部1丁目124-2), Osaka, Japan. Built in 2001, it comprises 14 units in a 鉄骨造 structure.
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 572〜850万円 (approx. $38,133–$56,667 USD at ¥150/$).
Unit sizes range from 47.9–56.9 sqm (516–612 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room).
Location & Neighborhood
The property is located at Matsubara Shiritsu Bu 1 Choume 124-2 (松原市立部1丁目124-2), Osaka, Japan. It is a 25-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 25 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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