Overview of Aneshisu Kuukou Higashi (アネシス空港東)
Aneshisu Kuukou Higashi (アネシス空港東) is a 32-year-old condominium located at Kasuya Gun Shime Machi Beppu Kita 2 Choume 2-1 , 2-5 , 3-1 ~ 3 (糟屋郡志免町別府北2丁目2-1、2-5、3-1〜3), Fukuoka, Japan. Built in 1994, it comprises 158 units in a Reinforced Concrete (RC) structure. It was constructed by Zenidaka Kumi Kyuushuu Shiten (錢高組九州支店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥30.4万/sqm (approx. $2,023/sqm or $188/sqft).
Location & Neighborhood
The property is located at Kasuya Gun Shime Machi Beppu Kita 2 Choume 2-1 , 2-5 , 3-1 ~ 3 (糟屋郡志免町別府北2丁目2-1、2-5、3-1〜3), Fukuoka, Japan. It is a 19-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 158 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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