Overview of Asahi Puraza Fushimi Higashi (朝日プラザ伏見東)
Asahi Puraza Fushimi Higashi (朝日プラザ伏見東) is a 35-year-old condominium located at Kyoutoshi Fushimiku Hino Nishikaze Ro Machi 15-3 (京都市伏見区日野西風呂町15-3), Kyoto, Japan. Built in 1991, it comprises 82 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 72 past listings, prices have ranged from 880〜2,198万円 (approx. $58,667–$146,533 USD at ¥150/$).
Unit sizes range from 51.5–79.5 sqm (554–856 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥24.3万/sqm (approx. $1,620/sqm or $151/sqft).
Location & Neighborhood
The property is located at Kyoutoshi Fushimiku Hino Nishikaze Ro Machi 15-3 (京都市伏見区日野西風呂町15-3), Kyoto, Japan. It is a 10-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 82 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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