Overview of Apuroozu Meinohama (アプローズ姪浜)
Apuroozu Meinohama (アプローズ姪浜) is a 26-year-old condominium located at Fukuokashi Nishiku Ishimaru 4 Choume 12-2 (福岡市西区石丸4丁目12-2), Fukuoka, Japan. Built in 2000, it comprises 51 units in a Reinforced Concrete (RC) structure. It was constructed by Takamatsu Kumi (高松組).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,450〜2,880万円 (approx. $96,667–$192,000 USD at ¥150/$).
Unit sizes range from 66.5–85.5 sqm (716–920 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Nishiku Ishimaru 4 Choume 12-2 (福岡市西区石丸4丁目12-2), Fukuoka, Japan. It is a 19-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 51 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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