Back to Busan, South Korea

Busan, 민락동, 민락센텀메르빌

Busan, South Korea

Guide Price

$333,200

490,000,000 KRW

200k-400k
View on Dabang

PROPERTY TYPE

Condo

BEDROOMS

3

BATHROOMS

2

SIZE

980 sq ft

YEAR BUILT

2014

Busan, 민락동, 민락센텀메르빌 - Photo 2
Busan, 민락동, 민락센텀메르빌 - Photo 3
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Description

완벽한 조망, 이사협의, 정남향 | 안녕하세요. 저는 제일부동산사무소를 개설,운영하고 있는 대표/소장 류재웅입니다. 저는 부산상고를 졸업하고 경제학을 공부 한 후 대기업 회사생활 17년, 자영업을 15년 영위하고 인생의 마지막을 부동산 중개업에 종사하고 있습니다. 그동안의 다양한 사회 경험을 중개업과 접목시켜 고객들의 눈높이에 맞춰 정직하게 성심 성의껏 중개하겠습니다. 부동산문제, 세금문제, 투자문제외에도 여러가지 사회문제의 궁금증을 상담해드립니다 쌍용예가디오션 105동 106동 출입구쪽에 위치하고 있는 제일부동산은 만남의 축복이 있는 사랑방입니다. 항상 문이 열려 있으니 언제든지 방문 해 주세요. 감사합니다. | 주차

Location

Open in Google Maps

Living in Busan

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: The Complete Guide to Moving to South Korea

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
See all South Korea listings

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

제일공인중개사사무소 / 류재웅

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

Dabang

Portal listings

Currency

KRW