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Real Estate in Suwon, Korea

By Betsy Burlingame

Last updated on Apr 03, 2023

Summary: The average cost of a nice 2 bedroom home in Suwon, Korea is around $200,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and a full kitchen. A nice 3 bedroom home in Suwon will cost around $250,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and a full kitchen. Foreigners are allowed to own property in Suwon, but there are some restrictions. For example, foreigners are not allowed to own land in Korea, and they must obtain permission from the Korean government before purchasing a property. The best way for an expat to search for a home to buy in Suwon is to use a real estate agent. A real estate agent can help you find the right property for your needs and budget. Additionally, they can provide you with information about the local market and help you negotiate a good price. The most desirable neighborhoods in Suwon are those that are close to public transportation, shopping, and entertainment. Popular neighborhoods include Paldal-gu, Gwonseon-gu, and Yeongtong-gu.

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How do I find a place to live in Suwon?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One way to find a place to live in Suwon is to search online for rental listings. Websites such as Goshiwon, Naver, and Daum are popular resources for finding rental listings in Suwon. Additionally, you can search for rental listings on social media platforms such as Facebook and Instagram. You can also contact local real estate agents who specialize in rental properties in Suwon. Finally, you can ask friends and family who live in Suwon for recommendations," remarked one member in Suwon.

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What is a typical expat home or apartment like in Suwon?

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About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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