Back to Seoul, South Korea

Seoul, 월계동, 초안1단지

Seoul, South Korea

Guide Price

$292,400

430,000,000 KRW

200k-400k
View on Dabang

PROPERTY TYPE

Condo

BEDROOMS

2

BATHROOMS

1

SIZE

901 sq ft

YEAR BUILT

1998

Seoul, 월계동, 초안1단지 - Photo 2
Seoul, 월계동, 초안1단지 - Photo 3
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Description

내부 올수리및 관리가 잘된집 가격조정가 주인거주중 | *.남향이며 주인 거주중 정상 입주 협의가능 합니다. *.깨긋이 내부 올수리 관리된 집 입니다. *.동북선 경전철 2027년 완공예정 도보 10여분 거리임. *.초안산의 근린공원과 체육시설, 우이천 자전거도로, 북서울숲등 산책과 운동하기 좋은곳. *.초안산의 생태공원과 도자기체험장이 있고 작은도서관등, 쾌적한 공기가 살아있는곳. *.주변에 학교는 신화초교, 신창 염광중, 염광 월계고등. 인덕대 광운대등 교육시설이 있음. *.사립학교는 광운초등학교와 염광학원에 외국인학교가 있음. *.월계로, 한천로, 동부간선도로, 북부간선도로, 외곽순환고속도로등 교통이 편리한곳. | 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

서울랜드공인중개사 / 김정길

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