Overview of San・raifu Haramachi Betsuin 2 (サン・ライフ原町別院２)
San・raifu Haramachi Betsuin 2 (サン・ライフ原町別院２) is a 32-year-old condominium located at Kitakyuushuushi Moji Ku Shimomaisou 5-3 (北九州市門司区下馬寄5-3), Fukuoka, Japan. Built in 1994, it comprises 15 units in a Reinforced Concrete (RC) structure. It was constructed by Fukuya Kensetsu (福屋建設).
Pricing & Floor Plans
Based on 4 past listings, prices have ranged from 1,120〜1,230万円 (approx. $74,667–$82,000 USD at ¥150/$).
Unit sizes range from 60.3–65.2 sqm (649–702 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 Kitakyuushuushi Moji Ku Shimomaisou 5-3 (北九州市門司区下馬寄5-3), Fukuoka, Japan. It is a 14-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 32 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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