Property Prices in Seoul, South Korea

Index Info
Price to Income Ratio: 27.71
Mortgage as Percentage of Income: 222.61%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 81.79
Price to Rent Ratio - Outside of Centre: 83.40
Gross Rental Yield (City Centre): 1.22%
Gross Rental Yield (Outside of Centre): 1.20%
Rent Per Month
 Edit Range
Apartment (1 bedroom) in City Centre 3,625.10 zł 2,333.11-7,290.96
Apartment (1 bedroom) Outside of Centre 1,977.31 zł 1,458.19-3,146.25
Apartment (3 bedrooms) in City Centre 10,435.53 zł 5,832.77-17,498.30
Apartment (3 bedrooms) Outside of Centre 5,670.20 zł 4,082.94-8,749.15
Buy Apartment Price
 Edit
Price per Square Feet to Buy Apartment in City Centre 7,630.17 zł 5,418.77-10,837.55
Price per Square Feet to Buy Apartment Outside of Centre 4,234.91 zł 2,580.37-5,418.77
Salaries And Financing
 Edit
Average Monthly Net Salary (After Tax) 11,523.74 zł
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.17 3.90-6.50

These data are based on 313 entries in the past 18 months from 59 different contributors.
Last update: October 2024

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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
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7 Comments so far
chloe on Jul 16, 2024:
hello im chloe im a highschooler i would like to plan my future to ensure i make something of my self when i'm older its always been a dream of mine to live in seoul and work as a mechanical engineering but i don't know if i can really do it with in the next 6 years as it can cost alot to live in korea
Artur I Smirnoff on Jul 14, 2024:
Hello,
Greetings, how are you doing today? I’m an investor. I want to invest in your country on real estate I wish to have an in depth discussion with you
Thanks

Artur I Smirnoff
Liam on Jun 22, 2023:
Hi my name is Liam and I’m learning the basics of Korean first and then wishing to save up and travel to Seoul and hopefully get a house there. Would that be enough to stay in the country?
kim jae hun on Mar 14, 2022:
The average price of apartments amounted to around $1M.
The average space per apartment in South Korea was about 100 square meters. (31.8 py)
JWK on May 24, 2021:
@Kushal Modi

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.
Kushal Modi on May 01, 2021:
What is the Price Range for buying a 4 Bedroom villa in South Korea. Can I manage it in 50000 Dollars
Surekha Balaji on Oct 30, 2020:
Hello. How can I apply for job in Korea. I am a Commerce Graduate, MBA Operational Management (Post Graduation) persuining. I have a working experience of 7yrs 8months. I live in India. Citizen of India.

Also let me know how can I buy/invest in property in Korea.

Thank You,
Surekha
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