Overview of Furoorensu Nakayama Shita Gurandoaaku (フローレンス中山下グランドアーク)
Furoorensu Nakayama Shita Gurandoaaku (フローレンス中山下グランドアーク) is a 18-year-old condominium located at Okayamashi Kitaku Nakayama Shita 2 Choume 8-55 (岡山市北区中山下2丁目8-55), Okayama, Japan. Built in 2008, it comprises 113 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 71 past listings, prices have ranged from 2,680〜5,900万円 (approx. $178,667–$393,333 USD at ¥150/$).
Unit sizes range from 86.4–120.9 sqm (930–1301 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2SSLDK (2-bedroom w/ living-dining-kitchen + service room), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥36.9万/sqm (approx. $2,462/sqm or $229/sqft).
Location & Neighborhood
The property is located at Okayamashi Kitaku Nakayama Shita 2 Choume 8-55 (岡山市北区中山下2丁目8-55), Okayama, Japan. It is a 1-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
Scale advantage: With 113 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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