Overview of Horutohaimu Otabe (ホルトハイム小田部)
Horutohaimu Otabe (ホルトハイム小田部) is a 26-year-old condominium located at Fukuokashi Sawara Ku Otabe 1 Choume 6-24 (福岡市早良区小田部1丁目6-24), Fukuoka, Japan. Built in 2000, it comprises 12 units in a Reinforced Concrete (RC) structure. It was constructed by Arisawa Kensetsu (有澤建設).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 1,780〜2,360万円 (approx. $118,667–$157,333 USD at ¥150/$).
Unit sizes range from 72.2–77.4 sqm (777–833 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Sawara Ku Otabe 1 Choume 6-24 (福岡市早良区小田部1丁目6-24), Fukuoka, Japan. It is a 18-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 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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