Overview of Shiteirizooto Fukumakaigan Touri (シティリゾート福間海岸通り)
Shiteirizooto Fukumakaigan Touri (シティリゾート福間海岸通り) is a 37-year-old condominium located at Fukutsu Shi Saifuku Kan 3 Choume 29-18 (福津市西福間3丁目29-18), Fukuoka, Japan. Built in 1989, it comprises 45 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 40 past listings, prices have ranged from 250〜3,180万円 (approx. $16,667–$212,000 USD at ¥150/$).
Unit sizes range from 30.1–133.7 sqm (324–1439 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.1万/sqm (approx. $1,941/sqm or $180/sqft).
Location & Neighborhood
The property is located at Fukutsu Shi Saifuku Kan 3 Choume 29-18 (福津市西福間3丁目29-18), 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 37 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.
Analyze this property's fair price and negotiation room for free at RE:public.