Overview of Horutovira Jounan Kurabu (ホルトヴィラ城南倶楽部)
Horutovira Jounan Kurabu (ホルトヴィラ城南倶楽部) is a 26-year-old condominium located at Fukuokashi Jounan Kuchou O 5 Choume 26-20 (福岡市城南区長尾5丁目26-20), Fukuoka, Japan. Built in 2000, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Arisawa Kensetsu (有澤建設).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 1,645〜2,990万円 (approx. $109,667–$199,333 USD at ¥150/$).
Unit sizes range from 76.2–86.2 sqm (820–928 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Jounan Kuchou O 5 Choume 26-20 (福岡市城南区長尾5丁目26-20), Fukuoka, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 26 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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