Overview of Kosumo Chikugo (コスモ筑後)
Kosumo Chikugo (コスモ筑後) is a 33-year-old condominium located at Chikugo Ichiyama No I 203-2 (筑後市山ノ井203-2), Fukuoka, Japan. Built in 1993, it comprises 110 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Mitsuikensetsu , Touken Setsu (三井建設、 東建設).
Pricing & Floor Plans
Based on 58 past listings, prices have ranged from 450〜1,299万円 (approx. $30,000–$86,600 USD at ¥150/$).
Unit sizes range from 62.9–89.8 sqm (677–967 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Chikugo Ichiyama No I 203-2 (筑後市山ノ井203-2), Fukuoka, Japan. It is a 3-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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 110 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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