Overview of Romanesuku Yakudai Mae (ロマネスク薬大前)
Romanesuku Yakudai Mae (ロマネスク薬大前) is a 38-year-old condominium located at Fukuokashi Minamiku Shimizu 4 Choume 14-9 (福岡市南区清水4丁目14-9), Fukuoka, Japan. Built in 1988, it comprises 26 units in a Reinforced Concrete (RC) structure. It was constructed by Takashi Kensetsu (隆建設).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 290〜590万円 (approx. $19,333–$39,333 USD at ¥150/$).
Unit sizes range from 18.9–26.5 sqm (203–285 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen).
Location & Neighborhood
The property is located at Fukuokashi Minamiku Shimizu 4 Choume 14-9 (福岡市南区清水4丁目14-9), 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 38 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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