Seoul, 풍납동, 쌍용
Seoul, South Korea
Guide Price
$1,156,000
₩1,700,000,000 KRW
PROPERTY TYPE
Condo
BEDROOMS
3
BATHROOMS
2
SIZE
1143 sq ft
YEAR BUILT
1994
Description
남향 로얄층으로 전망트이고 수리깨끗한 급매물 | 남향 로얄층으로 전망트이고 수리깨끗한 급매물
▶풍납동부동산전문 30년 전통 베스트부동산. ▶계약부터 잔금까지 신뢰를 바탕으로한 책임중개 ▶지정법무사와 세무사를 통한 권리관계와 세무회계 분석 ▶서울 수도권외 전지역의 네트워크 구성. ▶정직과 믿음을 바탕으로 좋은 인연을 소중히 여기고 이어가겠습니다 | 주차
Location
Open in Google MapsLiving 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→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
용진공인중개사 / 한원숙
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