Overview of Mezondooru Sakai (メゾンドール堺)
Mezondooru Sakai (メゾンドール堺) is a 38-year-old condominium located at Sakaishi Sakai Ku Jinnan Hen Machi 2 Choume 76-1 (堺市堺区神南辺町2丁目76-1), Osaka, Japan. Built in 1988, it comprises 413 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fujita Kougyou (フジタ工業).
Pricing & Floor Plans
Based on 323 past listings, prices have ranged from 1,040〜2,990万円 (approx. $69,333–$199,333 USD at ¥150/$).
Unit sizes range from 61.6–90.5 sqm (663–974 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥26.7万/sqm (approx. $1,783/sqm or $166/sqft).
Location & Neighborhood
The property is located at Sakaishi Sakai Ku Jinnan Hen Machi 2 Choume 76-1 (堺市堺区神南辺町2丁目76-1), 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 38 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 413 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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.