인천시 미추홀구 도화동 618-1
Incheon, South Korea
Guide Price
$116479
₩176000000 KRW · $181/sqft
PROPERTY TYPE
Condo
BEDROOMS
3
BATHROOMS
2
SIZE
644 sq ft
YEAR BUILT
2012
Description
도화역5분 제물포역5분 큰길가 역세권 입주바로가능 뻥뷰 | Type: 공동주택 | Floor 7 of 10 | Facing: W | Parking available | Elevator available | Nearby stations: 도화역 (1호선), 제물포역 (1호선), 주안역 (1호선,인천2호선)
Location
Open in Google MapsLiving in Incheon
South Korea's third-largest city, 30 minutes from Seoul by subway, with housing costs 20-30% lower than the capital. The Songdo district is a purpose-built smart city with wide sidewalks, modern high-rises, and international schools — popular with expat families. English is less common than in Seoul, but the IFEZ Global Center provides dedicated support for foreign residents.
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
김광규
다연공인중개사사무소
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.
Zigbang
582
KRW