Overview of Toukyuu Doeruarusu Mikkaichi (東急ドエルアルス三日市)
Toukyuu Doeruarusu Mikkaichi (東急ドエルアルス三日市) is a 34-year-old condominium located at Kawachinagano Shi Koshio Machi 7-2 (河内長野市小塩町7-2), Osaka, Japan. Built in 1992, it comprises 115 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsubishi Kensetsu (三菱建設).
Pricing & Floor Plans
Based on 81 past listings, prices have ranged from 520〜1,580万円 (approx. $34,667–$105,333 USD at ¥150/$).
Unit sizes range from 64.2–96.1 sqm (691–1034 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.0万/sqm (approx. $865/sqm or $80/sqft).
Location & Neighborhood
The property is located at Kawachinagano Shi Koshio Machi 7-2 (河内長野市小塩町7-2), Osaka, Japan. It is a 11-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 115 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.