Overview of Yuniraifu Izumiootsu Kotobukichou (ユニライフ泉大津寿町)
Yuniraifu Izumiootsu Kotobukichou (ユニライフ泉大津寿町) is a 31-year-old condominium located at Izumiootsu Shi Kotobukichou 2-38 (泉大津市寿町2-38), Osaka, Japan. Built in 1995, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Yunichika Kensetsu (ユニチカ建設).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 950〜1,580万円 (approx. $63,333–$105,333 USD at ¥150/$).
Unit sizes range from 62.2–66.6 sqm (670–717 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Izumiootsu Shi Kotobukichou 2-38 (泉大津市寿町2-38), 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 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.
Analyze this property's fair price and negotiation room for free at RE:public.