Overview of Asahi Puraza Kawachinagano Depoofuronto (朝日プラザ河内長野デポーフロント)
Asahi Puraza Kawachinagano Depoofuronto (朝日プラザ河内長野デポーフロント) is a 35-year-old condominium located at Kawachinagano Shi Kikusui Machi 2-24 (河内長野市菊水町2-24), Osaka, Japan. Built in 1991, it comprises 79 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sanwa Kensetsu (三和建設).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 110〜430万円 (approx. $7,333–$28,667 USD at ¥150/$).
Unit sizes range from 8.1–19.7 sqm (87–212 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: STUDIO (STUDIO), 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥19.5万/sqm (approx. $1,303/sqm or $121/sqft).
Location & Neighborhood
The property is located at Kawachinagano Shi Kikusui Machi 2-24 (河内長野市菊水町2-24), Osaka, Japan. It is a 3-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 79 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.
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