Overview of Furoorensu Inokuchi Gakuen Mae (フローレンス井口学園前)
Furoorensu Inokuchi Gakuen Mae (フローレンス井口学園前) is a 29-year-old condominium located at Hiroshima Shi Nishiku Inokuchi 5 Choume 4-7 (広島市西区井口5丁目4-7), Hiroshima, Japan. Built in 1997, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,495〜2,980万円 (approx. $99,667–$198,667 USD at ¥150/$).
Unit sizes range from 67.2–80.4 sqm (723–865 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), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥34.6万/sqm (approx. $2,308/sqm or $214/sqft).
Location & Neighborhood
The property is located at Hiroshima Shi Nishiku Inokuchi 5 Choume 4-7 (広島市西区井口5丁目4-7), Hiroshima, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 29 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.
Analyze this property's fair price and negotiation room for free at RE:public.