Back to Seoul, South Korea

Seoul, 신사동, 명남더블레스(39-4)

Seoul, South Korea

Guide Price

$408,000

600,000,000 KRW

400k-600k
View on Dabang

PROPERTY TYPE

Condo

BEDROOMS

3

BATHROOMS

2

SIZE

1020 sq ft

YEAR BUILT

2003

Seoul, 신사동, 명남더블레스(39-4) - Photo 2
Seoul, 신사동, 명남더블레스(39-4) - Photo 3
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Description

새절역5분.남서향.트인뷰.쓰리룸.통베란다.엘유.지정주차. | **26년3월 화장실 수리완료! ┌근생NO。허위NO。불법NO。위반NO。 ├직접찍은사진YES。 │ ├☆★3줄요약★☆ │♥수리된 2003년식 아파트 쓰리룸 │♥새절역5분 초역세권 ├♥지정주차로 편함 │ ├♡새절역 도보 5분 쓰리룸 매매 │♡방3개, 화장실1개, 다용도실2개, 통베란다1개 │♡수리한 2003년식 │♡거실 남서향 트인뷰(비단산뷰) │♡신사초 자녀분들 키우기 좋은곳 │♡엘리베이터 │♡주차가능 ├♡대출가능 │ └집보기 투어스케줄 잘 잡아드립니다~연락주세요 | 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

e-편한공인중개사사무소 / 석선화

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