Overview of Anpiiru Nagazumi Minami (アンピール長住南)
Anpiiru Nagazumi Minami (アンピール長住南) is a 30-year-old condominium located at Fukuokashi Minamiku Hanahata 2 Choume 21-33 (福岡市南区花畑2丁目21-33), Fukuoka, Japan. Built in 1996, it comprises 70 units in a Reinforced Concrete (RC) structure. It was constructed by Touyou Kensetsu (東洋建設).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 1,180〜2,790万円 (approx. $78,667–$186,000 USD at ¥150/$).
Unit sizes range from 70.7–83.5 sqm (761–899 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: ¥33.7万/sqm (approx. $2,247/sqm or $209/sqft).
Location & Neighborhood
The property is located at Fukuokashi Minamiku Hanahata 2 Choume 21-33 (福岡市南区花畑2丁目21-33), Fukuoka, Japan. It is a 4-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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 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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