Overview of Famiiru Nagaoka (ファミール長丘)
Famiiru Nagaoka (ファミール長丘) is a 28-year-old condominium located at Fukuokashi Minamiku Nagaoka 1 Choume 2-1 (福岡市南区長丘1丁目2-1), Fukuoka, Japan. Built in 1998, it comprises 32 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,830〜2,850万円 (approx. $122,000–$190,000 USD at ¥150/$).
Unit sizes range from 71.3–81.9 sqm (767–882 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Minamiku Nagaoka 1 Choume 2-1 (福岡市南区長丘1丁目2-1), Fukuoka, Japan. It is a 2-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 28 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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