Overview of Esuteetomoa Hakataeki Mae (エステートモア博多駅前)
Esuteetomoa Hakataeki Mae (エステートモア博多駅前) is a 37-year-old condominium located at Fukuokashi Hakataku Hakataeki Mae 4 Choume 37-52 (福岡市博多区博多駅前4丁目37-52), Fukuoka, Japan. Built in 1989, it comprises 32 units in a Reinforced Concrete (RC) structure. It was constructed by Takagi Koumuten , Raifubirudo (高木工務店、 ライフビルド).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 350〜1,980万円 (approx. $23,333–$132,000 USD at ¥150/$).
Unit sizes range from 21.8–47.6 sqm (235–512 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Hakataku Hakataeki Mae 4 Choume 37-52 (福岡市博多区博多駅前4丁目37-52), Fukuoka, Japan. It is a 12-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 37 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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