🇰🇷 Buy Property in Daejeon, South Korea
21 properties from $82K to $163K
Median Price
$126K
Avg Size
872 sq ft
Listings
21
21 Listings in Daejeon
Living in Daejeon
What American expats need to know about South Korea
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).
Cost of Living
Excluding rent, a single person needs ~$850 USD/mo; a family of four ~$3,100 USD/mo. Rent (1-bed, city center): Seoul ~$900, Busan ~$550, Daegu ~$500, Incheon ~$600. Groceries run ₩12,000-18,000/day per person. Overall 20-35% below US major cities; Seoul is comparable to mid-tier US cities, outside Seoul is significantly cheaper.
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.
Life in South Korea
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.
Other Cities in South Korea
Explore more property markets across South Korea