Overview of Paratsuiinaseshiria Senri Oka (パラツィーナセシリア千里丘)
Paratsuiinaseshiria Senri Oka (パラツィーナセシリア千里丘) is a 32-year-old condominium located at Settsu Shi Kouro Sono 16-22 (摂津市香露園16-22), Osaka, Japan. Built in 1994, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Fujiki Koumuten (藤木工務店).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,680〜3,180万円 (approx. $112,000–$212,000 USD at ¥150/$).
Unit sizes range from 63.9–66.9 sqm (688–720 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Settsu Shi Kouro Sono 16-22 (摂津市香露園16-22), 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 32 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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