Gwangju, 신창동, 풍영리버빌
Gwangju, South Korea
Guide Price
$170,000
₩250,000,000 KRW
PROPERTY TYPE
Condo
BEDROOMS
3
BATHROOMS
2
SIZE
1251 sq ft
YEAR BUILT
2001
Description
가시거리.일조좋음,초중인접,생활권편리,내년 7월입주가 | 관리비 내용 1. 공용관리비는 약 7만6천원정도이며(오차가 있을수있음), 가스사용료, 난방비, 수도요금, 전기요금은 실사용에따라 부과됩니다. 2. 관리비는 실사용량에 따라 변동될수있습니다. 3. K-apt 공동주택관리 정보시스템 참고 | 주차
Location
Open in Google MapsLiving in Gwangju
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→South Korea at a glance
How South Korea scores for American expats
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
더조은공인중개사사무소 / 박정헌
Next steps for moving to South Korea
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
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.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
Dabang
KRW