Overview of Asuteeji Izumiootsu (アステージ泉大津)
Asuteeji Izumiootsu (アステージ泉大津) is a 26-year-old condominium located at Izumiootsu Shi Asahimachi 23-43 (泉大津市旭町23-43), Osaka, Japan. Built in 2000, it comprises 49 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,200〜2,498万円 (approx. $80,000–$166,533 USD at ¥150/$).
Unit sizes range from 60.2–78.3 sqm (648–843 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Izumiootsu Shi Asahimachi 23-43 (泉大津市旭町23-43), Osaka, Japan. It is a 8-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 26 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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