The Ultimate Guide to Real Estate Investment in Korea: Strategies, Tips, and Taxation

2023-11-24 14:30:00

Article Entered 2023-11-24 23:30:00 Article Modified 2023-11-24 19:31:41 The only thing you can trust is your home/Chae Shin-hwa, Na Won-sik, Lee Sang-won/About A Book/KRW 22,000 ‘Real Estate’ in Korean society is still one of the burning topics of conversation. From the MZ generation to the retired elderly who have ‘one house of their own’, Korean people start their day with ‘home’ and end their day with ‘home.’ There are many different predictions surrounding how house prices, especially apartment prices, will move. This book, published by ‘Bizwatch’ reporters who have covered real estate for a long time, deals with the issue of house prices, which is an unavoidable ‘desire’ in Korean society. The authors, who are real estate journalists, visited various reconstruction and redevelopment areas and sales sites in recent years when housing prices have been on a roller coaster, and selected and analyzed key information that must be known when investing in apartments. It contains over 90 types of investment knowledge on whether you can realize billions in asset growth with just one house and whether you can avoid the risk of becoming a beggar by lightning. Chae Shin-hwa, Na Won-sik, Lee Sang-won/About a Book/22,000 won The authors covered key investment issues through on-site reporting. Strategies for increasing the height of apartments in reconstruction (floor area ratio), correlation between land share and additional contribution, how to receive a newly built apartment in Gangnam without a subscription account, the pros and cons of investing in a ‘rotten commercial building’ in apartment-commercial reconstruction, Gangnam Apartments Analysis of people’s rights, sorting out the pros and cons of unsold apartments across the country, the impact of landmark apartments in redevelopment and reconstruction areas in major areas of Seoul on nearby market prices, etc. How to avoid ‘lease fraud’, which has recently become a big issue in Korean society, and It also includes a method to calculate the appropriate price for jeonse and monthly rent. Lastly, we pointed out the tax relations related to housing, such as capital gains tax, comprehensive real estate tax, gift tax, and inheritance tax, as well as signals that read the flow of housing prices, such as interest rates and statistics.
1700853846
#desire #avoided #real #estate #investment

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.