Overview of Furusato Kun Nai No Umi Hen (ふるさと君内ノ海編)
Furusato Kun Nai No Umi Hen (ふるさと君内ノ海編) is a 34-year-old condominium located at Naruto Shi Naruto Machi Takashima 324 (鳴門市鳴門町高島324), Tokushima, Japan. Built in 1992, it comprises 307 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shin Matsu Kensetsu (伸松建設).
Pricing & Floor Plans
Based on 89 past listings, prices have ranged from 160〜1,680万円 (approx. $10,667–$112,000 USD at ¥150/$).
Unit sizes range from 32.2–126.5 sqm (347–1362 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥9.8万/sqm (approx. $655/sqm or $61/sqft).
Location & Neighborhood
The property is located at Naruto Shi Naruto Machi Takashima 324 (鳴門市鳴門町高島324), Tokushima, Japan. It is a 48-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 307 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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