Overview of Ekureeru Fujimatsu (エクレール藤松)
Ekureeru Fujimatsu (エクレール藤松) is a 30-year-old condominium located at Kitakyuushuushi Moji Ku Fujimatsu 1 Choume 24-3 (北九州市門司区藤松1丁目24-3), Fukuoka, Japan. Built in 1996, it comprises 21 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥21.7万/sqm (approx. $1,445/sqm or $134/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Moji Ku Fujimatsu 1 Choume 24-3 (北九州市門司区藤松1丁目24-3), Fukuoka, Japan. It is a 30-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 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.
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