Overview of Fonteenu Meguro (フォンテーヌ目黒)
Fonteenu Meguro (フォンテーヌ目黒) is a 43-year-old condominium located at Megurokushimomeguro 2 Choume 14-17 (目黒区下目黒2丁目14-17), Tokyo, Japan. Built in 1983, it comprises 27 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 41 past listings, prices have ranged from 2,490〜5,590万円 (approx. $166,000–$372,667 USD at ¥150/$).
Unit sizes range from 33.4–62.8 sqm (360–676 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), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥105.0万/sqm (approx. $6,999/sqm or $650/sqft).
Location & Neighborhood
The property is located at Megurokushimomeguro 2 Choume 14-17 (目黒区下目黒2丁目14-17), Tokyo, Japan. It is a 4-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 43 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.
Analyze this property's fair price and negotiation room for free at RE:public.