Overview of Koamanshon Beppu (コアマンション別府)
Koamanshon Beppu (コアマンション別府) is a 31-year-old condominium located at Fukuokashi Jounan Kubetsu Fu 3 Choume 16-15 (福岡市城南区別府3丁目16-15), Fukuoka, Japan. Built in 1995, it comprises 16 units in a Reinforced Concrete (RC) structure. It was constructed by Takamatsu Kumi (高松組).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 1,730〜3,980万円 (approx. $115,333–$265,333 USD at ¥150/$).
Unit sizes range from 62.1–72.6 sqm (668–781 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥49.4万/sqm (approx. $3,291/sqm or $306/sqft).
Location & Neighborhood
The property is located at Fukuokashi Jounan Kubetsu Fu 3 Choume 16-15 (福岡市城南区別府3丁目16-15), 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 31 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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