Overview of Montoore Oohori (モントーレ大濠)
Montoore Oohori (モントーレ大濠) is a 31-year-old condominium located at Fukuokashi Chuuouku Torigai 1 Choume 3-48 (福岡市中央区鳥飼1丁目3-48), Fukuoka, Japan. Built in 1995, it comprises 15 units in a Reinforced Concrete (RC) structure. It was constructed by Asahi Koumuten (旭工務店).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 2,100〜3,948万円 (approx. $140,000–$263,200 USD at ¥150/$).
Unit sizes range from 68.0–80.6 sqm (732–868 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Chuuouku Torigai 1 Choume 3-48 (福岡市中央区鳥飼1丁目3-48), Fukuoka, Japan. It is a 12-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 31 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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