Overview of Kaasa Fukae (カーサ深江)
Kaasa Fukae (カーサ深江) is a 35-year-old condominium located at Ito Shima Ichiji Take Fukae 1036-47 (糸島市二丈深江1036-47), Fukuoka, Japan. Built in 1991, it comprises 85 units in a Reinforced Concrete (RC) structure. It was constructed by Nakano Kumi (中野組).
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 460〜1,680万円 (approx. $30,667–$112,000 USD at ¥150/$).
Unit sizes range from 52.5–91.0 sqm (565–980 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.2万/sqm (approx. $1,347/sqm or $125/sqft).
Location & Neighborhood
The property is located at Ito Shima Ichiji Take Fukae 1036-47 (糸島市二丈深江1036-47), Fukuoka, Japan. It is a 4-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.
Scale advantage: With 85 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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