Overview of Amekkusu Meinohama (アメックス姪浜)
Amekkusu Meinohama (アメックス姪浜) is a 33-year-old condominium located at Fukuokashi Nishiku Shimoyamato 1 Choume 7-62 (福岡市西区下山門1丁目7-62), Fukuoka, Japan. Built in 1993, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Takagi Koumuten (高木工務店).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 850〜1,980万円 (approx. $56,667–$132,000 USD at ¥150/$).
Unit sizes range from 55.8–66.0 sqm (601–710 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.9万/sqm (approx. $1,791/sqm or $166/sqft).
Location & Neighborhood
The property is located at Fukuokashi Nishiku Shimoyamato 1 Choume 7-62 (福岡市西区下山門1丁目7-62), 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 33 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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