Overview of Rivieeru Akira (リヴィエール日明)
Rivieeru Akira (リヴィエール日明) is a 44-year-old condominium located at Kitakyuushuushi Kokurakita Ku Akira 3 Choume 2-40 (北九州市小倉北区日明3丁目2-40), Fukuoka, Japan. Built in 1982, it comprises 55 units in a Reinforced Concrete (RC) structure. It was constructed by Fukuya Kensetsu (福屋建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 680〜1,550万円 (approx. $45,333–$103,333 USD at ¥150/$).
Unit sizes range from 65.4–80.0 sqm (704–861 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.5万/sqm (approx. $1,033/sqm or $96/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kokurakita Ku Akira 3 Choume 2-40 (北九州市小倉北区日明3丁目2-40), Fukuoka, Japan. It is a 1-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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 55 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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