Overview of Raveeru Izumi Chuuou 6 Goutou (ラヴェール和泉中央６号棟)
Raveeru Izumi Chuuou 6 Goutou (ラヴェール和泉中央６号棟) is a 30-year-old condominium located at Izumi Shi Ibuki No 3 Choume 5-6 (和泉市いぶき野3丁目5-6), Osaka, Japan. Built in 1996, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Nakanishi Kumi (中西組).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,990〜2,500万円 (approx. $132,667–$166,667 USD at ¥150/$).
Unit sizes range from 79.8–99.9 sqm (859–1075 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.6万/sqm (approx. $1,776/sqm or $165/sqft).
Location & Neighborhood
The property is located at Izumi Shi Ibuki No 3 Choume 5-6 (和泉市いぶき野3丁目5-6), Osaka, Japan. It is a 6-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 30 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.