Overview of Enzeruhaimu Hakataminami (エンゼルハイム博多南)
Enzeruhaimu Hakataminami (エンゼルハイム博多南) is a 32-year-old condominium located at Nakagawa Shi Imamitsu 4 Choume 128 (那珂川市今光4丁目128), Fukuoka, Japan. Built in 1994, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Nichiei Kensetsu Kougyou (日榮建設工業).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 850〜2,590万円 (approx. $56,667–$172,667 USD at ¥150/$).
Unit sizes range from 56.9–79.1 sqm (612–851 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: ¥34.2万/sqm (approx. $2,281/sqm or $212/sqft).
Location & Neighborhood
The property is located at Nakagawa Shi Imamitsu 4 Choume 128 (那珂川市今光4丁目128), Fukuoka, Japan. It is a 8-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 32 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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