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The Perfect Cup of Coffee
Joined: 17 Jun 2007
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 Posted: Mon Jul 09, 2007 2:24 am Post subject: Anyone ever buy real estate in Korea? |
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| Just wondering if anyone out there has bought / invested in real estate here in Korea. I've been wondering about buying a small place out in the sticks somewhere, and would like to hear any stories firsthand from someone who's actually done it. Cheers. |
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shaunew
Joined: 17 Apr 2007
Location: Calgary
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| Posted: Mon Jul 09, 2007 3:43 am Post subject: |
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| I just bought an apartment. 34 pyoung in Mok-dong. As far as investments in real estate here, not until the bubble burst. The prices are way to inflated and ever ajumma wants to be in real estate. The stock market and other asian investments is were to go. |
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Homer
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| Posted: Mon Jul 09, 2007 5:31 am Post subject: |
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Bought our place a few years back. Best move we made here.
A nice appartment with an ocean view in Busan. |
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bluelake
Joined: 01 Dec 2005
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| Posted: Mon Jul 09, 2007 6:04 am Post subject: |
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My wife and I have some property. Here is a pic (the truck is not ours).
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The Perfect Cup of Coffee
Joined: 17 Jun 2007
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| Posted: Mon Jul 09, 2007 12:50 pm Post subject: |
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My wife and I are sort of debating similar options here: an apartment in the city or a house in countryside. Personally, I really like the idea of a house out in the sticks, but an apartment seems like the more practical option.
bluelake, that's an amazing place you've got there. Is it an older hanok? If it is, did you have to do much with renovations or anything? |
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bluelake
Joined: 01 Dec 2005
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| Posted: Mon Jul 09, 2007 1:20 pm Post subject: |
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The main hanok building is original (probably a couple centuries), but the guest house and outdoor kitchen were add-ons. We bought the place from a family that moved to Australia; they did all the renovations.
The hanok has a modern kitchen annexed to it and some improvements, but the frame is original. We really have to spend more time taking care of it, but have had life get in the way  |
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Cheonmunka
Joined: 04 Jun 2004
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| Posted: Mon Jul 09, 2007 2:04 pm Post subject: |
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| 34 pyoung in Mok-dong. |
Whew. That's up there. |
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RedRob
Joined: 07 Jul 2003
Location: Narnia
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| Posted: Mon Jul 09, 2007 2:29 pm Post subject: |
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Blue Lake, without being too nosy-well OK, I am...could we see more pics?
yr place looks amazing!!! |
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bluelake
Joined: 01 Dec 2005
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Paddycakes
Joined: 05 May 2003
Location: Seoul
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| Posted: Mon Jul 09, 2007 7:56 pm Post subject: |
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| All you need is some guys with suits and machine guns hanging out in front of the compound and you could have your own little fortress... Like an ESL cartel leader or something... |
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Wondering
Joined: 23 May 2007
Location: Seoul
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| Posted: Mon Jul 09, 2007 10:10 pm Post subject: |
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bluelake,
I'll be the one to ask....How much did that place cost you???
*sigh* You have actual grass! *swoons* |
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zappadelta
Joined: 31 Aug 2004
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| Posted: Tue Jul 10, 2007 1:04 am Post subject: |
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Wow, nice pics. |
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