Overview of Rowaarumanshon Ogura Akasaka (ロワールマンション小倉赤坂)
Rowaarumanshon Ogura Akasaka (ロワールマンション小倉赤坂) is a 35-year-old condominium located at Kitakyuushuushi Kokurakita Ku Akasaka 2 Choume 21-6 (北九州市小倉北区赤坂2丁目21-6), Fukuoka, Japan. Built in 1991, it comprises 37 units in a Reinforced Concrete (RC) structure. It was constructed by No Kita Kensetsu (野北建設).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 170〜898万円 (approx. $11,333–$59,867 USD at ¥150/$).
Unit sizes range from 49.6–66.0 sqm (534–710 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥7.8万/sqm (approx. $519/sqm or $48/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kokurakita Ku Akasaka 2 Choume 21-6 (北九州市小倉北区赤坂2丁目21-6), Fukuoka, 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
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 35 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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