Overview of Famiiruhaitsu Izumiootsu Sentohaabaashitei (ファミールハイツ泉大津セントハーバーシティ)
Famiiruhaitsu Izumiootsu Sentohaabaashitei (ファミールハイツ泉大津セントハーバーシティ) is a 28-year-old condominium located at Izumiootsu Shi Nagisa Machi 3-1 , 2-2 ~ 7 (泉大津市なぎさ町3-1、2-2〜7), Osaka, Japan. Built in 1998, it comprises 204 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Oomoto Kumi (大本組).
Pricing & Floor Plans
Based on 246 past listings, prices have ranged from 650〜2,390万円 (approx. $43,333–$159,333 USD at ¥150/$).
Unit sizes range from 58.3–104.7 sqm (628–1127 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 5LDK (5-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.8万/sqm (approx. $1,318/sqm or $122/sqft).
Location & Neighborhood
The property is located at Izumiootsu Shi Nagisa Machi 3-1 , 2-2 ~ 7 (泉大津市なぎさ町3-1、2-2〜7), Osaka, Japan. It is a 10-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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 204 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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