Gwangju, 봉선동, 라인하이츠
Gwangju, South Korea
Guide Price
$87,040
₩128,000,000 KRW
PROPERTY TYPE
Condo
BEDROOMS
2
BATHROOMS
1
SIZE
730 sq ft
YEAR BUILT
1987
Description
내부상태매우좋음방2거실겸주방1욕실1샛시제외. 협의입주가능. | ★ 온누리공인중개사★ ★내부상태매우좋음 (방2거실겸주방1욕실1-새시제외). ★초등및중학교인접.봉선시장및공원인접 등으로 교육및생활권 매우편리합니다. ★역세권(지하철완공예정) 의 호재성으로 투자 적극추천합니다. ★전기/가스 개별사용요금부과이며 기본공용관리비(+개별수도요금) 있으며 건축물대장상의 주차대수와 실제사용에따라 다를수있습니다 | 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
온누리공인중개사 / 박정란
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