Gwangju, 풍암동, 남양현대(풍암현대)
Gwangju, South Korea
Guide Price
$115,600
₩170,000,000 KRW
PROPERTY TYPE
Condo
BEDROOMS
3
BATHROOMS
1
SIZE
864 sq ft
YEAR BUILT
2000
Description
새시,욕실,싱크대,신발장 포함 고급올리모델링됨, 상태최상,수리없이입주가, | - 새시, 싱크대, 욕실, 신발장, 현관파티션, 베란다타일, 전등, 보일러, 도배(최근 재공사), 장판, 인터폰, 번호키, 탄성코팅 포함 올리모델링됨, 사용감없이 상태최상임 - 앞트여 채광 전망좋음, 산책로 인접, 공기좋음 - 입주일 협의가 | 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
풍암OK공인중개사사무소 / 김선희
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