Back to Seoul, South Korea

Seoul, 보광동, 리버빌

Seoul, South Korea

Guide Price

$1,700,000

2,500,000,000 KRW

1m-plus
View on Dabang

PROPERTY TYPE

Condo

BEDROOMS

3

BATHROOMS

2

SIZE

1242 sq ft

YEAR BUILT

2000

1/1

Description

소유주직접 한강조망 주변개발 호재 미래가치 우수매물 | -동인realty공인중개사사무소- ☆30년 로컬의 경쟁력, 풍부한 경험, 안전하고 책임감 있는 중개 ☆최상의 결과로 보답드리겠습니다. ♣본 매물 이외의 다양한 매물을 보유중에 있으니 편하게 문의 부탁드리겠습니다. ♣전화주시면 조건에 맞는 최상의 물건으로 엄선하여 추천해드리겠습니다. 자세한 문의사항은 유선문의 주시면 친절히 상담드리며 방문안내일정은 사전약속 부탁드리겠습니다. 동인realty공인중개사 사무소 010-5290-6174 | 주차

Location

Open in Google Maps

Living in Seoul

Ultra-modern, hyper-connected city with a world-class subway system, incredible food scene, and housing costs roughly half of comparable US cities. Very safe with low crime, and daily essentials like dining out and healthcare cost significantly less than back home. The catch: Korean language skills matter for long-term integration, the work culture can be intense, and the unique jeonse deposit system means renting requires navigating unfamiliar territory.

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
See all South Korea listings

South Korea at a glance

How South Korea scores for American expats

💰Cost of Living
Moderate
🛡️Safety
Very safe
🗣️English Spoken
Rarely
🏥Healthcare
Excellent
🌬️Air Quality
Poor
📶Internet
Fast
🚶Walkability
Very walkable
🚇Transit
Excellent

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

동인리얼티공인중개사사무소 / 임병종

Next steps for moving to South Korea

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

Dabang

Portal listings

Currency

KRW