Property Prices in Seoul, South Korea
| Index |  |
|---|---|
| Price to Income Ratio: | 29.85 |
| Mortgage as Percentage of Income: | 213.17% |
| Loan Affordability Index: | 0.47 |
| Price to Rent Ratio - City Centre: | 87.77 |
| Price to Rent Ratio - Outside of Centre: | 69.99 |
| Gross Rental Yield (City Centre): | 1.14% |
| Gross Rental Yield (Outside of Centre): | 1.43% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 976,496.28 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 779,164.75 ₩ | |
| Apartment (3 bedrooms) in City Centre | 3,604,656.05 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 2,206,326.24 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,558,844.66 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,390,435.46 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,560,142.63 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.79 |
These data are based on 302 entries in the past 18 months from 48 different contributors.
Last update: March 2023
Sources and References
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Nearby cities:| Property Prices in Bucheon | 14.63 miles |
| Property Prices in Anyang | 16.48 miles |
| Property Prices in Seongnam | 17.54 miles |
| Property Prices in Uijeongbu | 17.54 miles |
| Property Prices in Incheon | 19.09 miles |
| Property Prices in Ilsan | 19.10 miles |
| Property Prices in Gimpo | 19.16 miles |
| Property Prices in Gunpo | 19.35 miles |
| Property Prices in Suji-gu | 20.07 miles |
| Property Prices in Yangju-si | 20.74 miles |
This page in other languages:
 DeutschImmobilienpreise in Seoul
|
 PortuguêsPreços de Imóveis em Seul
|
 ItalianoPrezzi delle proprietà immobiliari a Seul
|
 FrançaisPrix de l'immobilier à Séoul
|
 EspañolPrecios de Inmuebles en Seúl
|
The average space per apartment in South Korea was about 100 square meters. (31.8 py)
You're never gonna be able to afford a 4 bedroom villa with 50k USD.
In seoul, a 4 bedroom villa costs at the very least 800K USD these days.
Also let me know how can I buy/invest in property in Korea.
Thank You,
Surekha