Property Prices in Busan, South Korea
| Index |  |
|---|---|
| Price to Income Ratio: | 16.26 |
| Mortgage as Percentage of Income: | 120.59% |
| Loan Affordability Index: | 0.83 |
| Price to Rent Ratio - City Centre: | 72.30 |
| Price to Rent Ratio - Outside of Centre: | 105.52 |
| Gross Rental Yield (City Centre): | 1.38% |
| Gross Rental Yield (Outside of Centre): | 0.95% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 658,333.33 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 400,000.00 ₩ | |
| Apartment (3 bedrooms) in City Centre | 1,337,500.00 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 900,000.00 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,020,642.94 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 951,784.36 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,263,726.88 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.22 |
These data are based on 58 entries in the past 18 months from 11 different contributors.
Last update: November 2024
Sources and References
Sign Up for Our Newsletter:
Nearby cities:| Property Prices in Ulsan | 33.89 miles |
| Property Prices in Geoje | 45.61 miles |
| Property Prices in Daegu | 67.00 miles |
| Property Prices in Pohang | 81.12 miles |
| Property Prices in Gumi | 96.90 miles |
| Property Prices in Yeosu | 121.88 miles |
| Property Prices in Daejeon | 162.57 miles |
| Property Prices in Jeonju | 174.00 miles |
| Property Prices in Pyeongtaek | 209.49 miles |
| Property Prices in Suwon | 228.19 miles |
This page in other languages:
 DeutschImmobilienpreise in Busan
|
 PortuguêsPreços de Imóveis em Busan
|
 ItalianoPrezzi delle proprietà immobiliari a Pusan
|
 FrançaisPrix de l'immobilier à Busan
|
 EspañolPrecios de Inmuebles en Busan
|
Leave a comment:3 Comments so far
Anonymous
on Oct 30, 2024:
Skorea is very popular especially european young people, so you easily found the answer on internet search and others.
Anonymous
on Feb 24, 2024:
Ronald Brown - did you ever find someone to be a caretaker for your house in Busan?
Ronald Brown
on Mar 15, 2021:
Interested in buying 3-bedroom furnished House in or near Busan! Need pricing and information? Modern, decent building lower cost to purchase? Also interested in finding Responsible person to live in this property to be a caretaker on my behalf as I live in USA and may not be traveling to South Korea for several years? College age or single parent accepted if suitable! Thank you.