Back to South Korea

서울시 광진구 중곡동 293-27

Seoul, South Korea

Guide Price

$218,398

330,000,000 KRW · $393/sqft

$200K-$399K
View on Zigbang

PROPERTY TYPE

Condo

BEDROOMS

3

BATHROOMS

2

SIZE

555 sq ft

YEAR BUILT

2002

서울시 광진구 중곡동 293-27 - Photo 2
서울시 광진구 중곡동 293-27 - Photo 3
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Description

Star 급매,남향,3룸2화,공간넓은집 | Type: 공동주택 | Floor 3 of 4 | Facing: S | Parking available | Nearby stations: 중곡역 (7호선), 용마산역 (7호선), 사가정역 (7호선)

Location

Open in Google Maps

Living in Seoul

Ultra-modern, hyper-connected city with a world-class subway system, incredible food scene, and housing costs roughly half of comparable US cities. Very safe with low crime, and daily essentials like dining out and healthcare cost significantly less than back home. The catch: Korean language skills matter for long-term integration, the work culture can be intense, and the unique jeonse deposit system means renting requires navigating unfamiliar territory.

Neon-lit streets buzzing until 4 AM, fried chicken delivered to a park bench at midnight, and a hyper-connected culture where ancient palaces share blocks with K-pop studios and the Wi-Fi never drops.

Visa

Digital Nomad Visa (F-1-D Workation) — requires 1+ year at a foreign employer, min ~$65,800/yr income, and private health insurance with ₩100M coverage. Valid 1 year, extendable to 2. D-8 Investment Visa is the alternative for entrepreneurs (min ₩100M investment, ~$73,000).

Learn more: Digital Nomad Visas: Where You Can Live & Work in 2026

Key Fact

South Korea has world-class internet (fastest average speeds globally), excellent public transit, and universal healthcare — but the language barrier is real and Korean bureaucracy requires patience and often an in-person translator.

Learn more: The Cheapest Cities to Live Abroad
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South Korea at a glance

How South Korea scores for American expats

💰Cost of Living
Moderate
🛡️Safety
Very safe
🗣️English Spoken
Rarely
🏥Healthcare
Excellent
🌬️Air Quality
Poor
📶Internet
Fast
🚶Walkability
Very walkable
🚇Transit
Excellent

Cost of buying in South Korea

Estimated fees and ongoing costs for this property

Closing Costs

5-7% of purchase price

  • ·Acquisition tax: 1-3%
  • ·Registration tax: 0.8-2%
  • ·Legal/judicial fees: ₩500,000-1,500,000
  • ·Agent: 0.3-0.9%

Annual Costs

Property Tax

0.1-0.5% property tax + 0.03-0.5% comprehensive real estate tax

Insurance

₩200,000-500,000/yr

HOA / Condo Fees

₩100,000-300,000/mo for apartments (관리비)

Good to Know

Agent Fees

Both sides pay own agent (0.3-0.9% each)

Foreign Buyer Note

Must report purchase to local government within 60 days. Some areas near military bases are restricted.

Legal help in South Korea

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in South Korea?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

신윤호

스타공인중개사사무소

Next steps for moving to South Korea

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

Zigbang

Portal listings

482

Currency

KRW