South Korea
AA advanced economy; Seoul yields 1–1.2%, Busan 2.5–3.4%, heavy local complexity
Currency Risk
KRW
Applies ONLY to government-designated tourism/leisure zones (not ordinary residential property). Threshold KRW 1bn. Grants F-2 residence — eligible to APPLY on a completed, registered purchase (not automatic) — F-5 permanent residence after 5 years held. Zone program sunsets 31 Dec 2027; confirm the zone's current status. Indicative, not verified; not legal advice.
* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.
✅ Strengths
- ▸Liquid, sophisticated Seoul-centered market
- ▸Deep demand in Seoul and major metros
- ▸Regional cities show yields up to 4.5%
⚠ Risks
- ▸Jeonse/deposit structures are not plug-and-play
- ▸Policy intervention can reprice housing rules
- ▸KRW/ILS FX and bank appetite need modelling
CASABROVA Verdict
South Korea is a specialist allocation. It can work for buyers with local counsel, management and comfort with Korean lease mechanics.
German: Profile adjusted score 60.4 (rank #25).
Recommended Strategy
Do not copy a Western rental model. Focus on Seoul-core or vetted regional cities only after lease-deposit and FX analysis.
Based on CASABROVA Waves 1–8, current to July 1, 2026. Not financial or legal advice.