Overview of Eiruvira Kuukou Higashi (エイルヴィラ空港東)
Eiruvira Kuukou Higashi (エイルヴィラ空港東) is a 30-year-old condominium located at Kasuya Gun Kasuya Chouchou Mono Hara Higashi 2 Choume 4-8 (糟屋郡粕屋町長者原東2丁目4-8), Fukuoka, Japan. Built in 1996, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Kashii Kensetsu (香椎建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,350〜2,499万円 (approx. $90,000–$166,600 USD at ¥150/$).
Unit sizes range from 68.7–82.8 sqm (739–891 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥34.8万/sqm (approx. $2,319/sqm or $215/sqft).
Location & Neighborhood
The property is located at Kasuya Gun Kasuya Chouchou Mono Hara Higashi 2 Choume 4-8 (糟屋郡粕屋町長者原東2丁目4-8), Fukuoka, Japan. It is a 5-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 30 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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