Overview of Minoo Aabanraifu (箕面アーバンライフ)
Minoo Aabanraifu (箕面アーバンライフ) is a 38-year-old condominium located at Minoo Shi Minoo 8 Choume 2-22 (箕面市箕面8丁目2-22), Osaka, Japan. Built in 1988, it comprises 14 units in a Reinforced Concrete (RC) structure. It was constructed by Takenakakoumuten , Mitsuikensetsu (竹中工務店、 三井建設).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 2,480〜6,500万円 (approx. $165,333–$433,333 USD at ¥150/$).
Unit sizes range from 97.6–223.8 sqm (1051–2409 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5SLDK (5-bedroom w/ living-dining-kitchen + service room), 4SLLDDKK (4SLLDDKK), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.8万/sqm (approx. $918/sqm or $85/sqft).
Location & Neighborhood
The property is located at Minoo Shi Minoo 8 Choume 2-22 (箕面市箕面8丁目2-22), 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 38 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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