Overview of Paakuhaimu Abeno Motomachi (パークハイム阿倍野元町)
Paakuhaimu Abeno Motomachi (パークハイム阿倍野元町) is a 36-year-old condominium located at Oosakashi Abenoku Abeno Motomachi 9-22 (大阪市阿倍野区阿倍野元町9-22), Osaka, Japan. Built in 1990, it comprises 14 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsuikensetsu (三井建設).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 1,950〜3,490万円 (approx. $130,000–$232,667 USD at ¥150/$).
Unit sizes range from 63.1–84.0 sqm (679–904 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: ¥40.9万/sqm (approx. $2,723/sqm or $253/sqft).
Location & Neighborhood
The property is located at Oosakashi Abenoku Abeno Motomachi 9-22 (大阪市阿倍野区阿倍野元町9-22), Osaka, Japan. It is a 3-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 36 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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