Overview of Sanpia Sennan (サンピア泉南)
Sanpia Sennan (サンピア泉南) is a 31-year-old condominium located at Sennan Shi Shinke 3394-1 (泉南市新家3394-1), Osaka, Japan. Built in 1995, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 550〜1,380万円 (approx. $36,667–$92,000 USD at ¥150/$).
Unit sizes range from 58.2–64.6 sqm (626–695 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.1万/sqm (approx. $1,007/sqm or $94/sqft).
Location & Neighborhood
The property is located at Sennan Shi Shinke 3394-1 (泉南市新家3394-1), 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 31 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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