Overview of Sharumanfuji Kaizuka (シャルマンフジ貝塚)
Sharumanfuji Kaizuka (シャルマンフジ貝塚) is a 35-year-old condominium located at Kaizukashi Oze 527 (貝塚市小瀬527), Osaka, Japan. Built in 1991, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 590〜1,380万円 (approx. $39,333–$92,000 USD at ¥150/$).
Unit sizes range from 57.3–74.9 sqm (617–806 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.4万/sqm (approx. $1,291/sqm or $120/sqft).
Location & Neighborhood
The property is located at Kaizukashi Oze 527 (貝塚市小瀬527), 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 35 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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