Overview of Amiteibibure Shimonoseki (アミティビブレ下関)
Amiteibibure Shimonoseki (アミティビブレ下関) is a 33-year-old condominium located at Shimonosekishi Shinchi Machi 4-5 (下関市新地町4-5), Yamaguchi, Japan. Built in 1993, it comprises 137 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taiboku , Takagi , Hoka (大木、 高木、 他).
Pricing & Floor Plans
Based on 67 past listings, prices have ranged from 260〜1,280万円 (approx. $17,333–$85,333 USD at ¥150/$).
Unit sizes range from 56.3–84.4 sqm (606–908 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥5.9万/sqm (approx. $393/sqm or $37/sqft).
Location & Neighborhood
The property is located at Shimonosekishi Shinchi Machi 4-5 (下関市新地町4-5), Yamaguchi, 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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 137 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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