Overview of Sanmorittsu Kokuraminami (サンモリッツ小倉南)
Sanmorittsu Kokuraminami (サンモリッツ小倉南) is a 34-year-old condominium located at Kitakyuushuushi Kokuraminami Ku Numamoto Machi 4 Choume 13-12 (北九州市小倉南区沼本町4丁目13-12), Fukuoka, Japan. Built in 1992, it comprises 49 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 450〜2,260万円 (approx. $30,000–$150,667 USD at ¥150/$).
Unit sizes range from 57.2–77.7 sqm (616–836 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.3万/sqm (approx. $2,153/sqm or $200/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kokuraminami Ku Numamoto Machi 4 Choume 13-12 (北九州市小倉南区沼本町4丁目13-12), Fukuoka, Japan. It is a 26-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.
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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