Back to Seoul, South Korea

Seoul, 방이동, 올림픽파크리움(도시형)

Seoul, South Korea

Guide Price

$190,400

280,000,000 KRW

under-200k
View on Dabang

PROPERTY TYPE

Condo

BEDROOMS

1

BATHROOMS

1

SIZE

347 sq ft

YEAR BUILT

2016

Seoul, 방이동, 올림픽파크리움(도시형) - Photo 2
Seoul, 방이동, 올림픽파크리움(도시형) - Photo 3
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Description

8,9호선 더블 역세권, 입주가능, 토허제 제외 | -------------------------------------------------------- 정직과 신뢰의 파크부동산. 공동중개 환영 언제든 편하게 연락주세요 ☎ 010-3745-9405, 02-447-1008 --------------------------------------------------------

집 내부 확인은 임차인 거주중으로 협의 필요함.

▶ 확장형, 분리형 원룸 구조. ▶ 입주가능. ▶ 8호선 몽촌토성역, 9호선 한성백제역 역세권으로 대중교통 편리. ▶ 대로변 인접하여 차량접근성 양호. ▶ 교통편리, 편의시설 인근에 있어 임대수요 많고, 거주 환경 양호함. ▶ 토지거래허가 제외대상 | 주차

Location

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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

파크부동산공인중개사사무소 / 문성식

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