Overview of Faanesutomanshon Kasuga (ファーネストマンション春日)
Faanesutomanshon Kasuga (ファーネストマンション春日) is a 18-year-old condominium located at Ooita Shi Shinmachi 18-17 (大分市新町18-17), Oita, Japan. Built in 2008, it comprises 70 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Yoshihara Kensetsu (吉原建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥37.0万/sqm (approx. $2,465/sqm or $229/sqft).
Location & Neighborhood
The property is located at Ooita Shi Shinmachi 18-17 (大分市新町18-17), Oita, Japan. It is a 12-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
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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