Studio for Sale in Gasan-dong, Geumcheon-gu, Seoul — 17.69㎡ Exclusive Area

Residential Officetel Listing in Gasan-dong

This is a residential officetel in Gasan Central Prugio City, Gasan-dong, Geumcheon-gu, Seoul. The sale price is 125 million won. The contract area is 37.77㎡, and the exclusive area is 17.69㎡. It has 1 bedroom and 1 bathroom. Immediate move-in is available, and the move-in date can be discussed.

Area and Building Information

The unit is on a high floor in a 20-story building. It faces north, and the date of approval for use was July 27, 2020. Parking is available, with 918 parking spaces listed. The monthly maintenance fee is 80,000 won.

Location and Potential Uses

The listing states advantages related to demand from office workers and students, pedestrian traffic, and local amenities. It also mentions convenient transportation and favorable development prospects, but does not specify any facilities or development plans. The property can be used as a primary residence or rental, and is also proposed for short- and long-term investment. The title lists a yield of over 6%, but no calculation basis or information guaranteeing returns is provided.

Loan and Transaction Notes

The listing states that a mortgage loan may be available at an LTV of up to approximately 60–80%, depending on the area and conditions. DTI and DSR criteria apply, and the actual limit is calculated based on income and debt. Consultation on additional credit loans and individualized loan consulting are also mentioned. Expectations of future price increases and a premium, as well as new apartments resulting from redevelopment, are projections included in the listing description and are not confirmed outcomes.

Inquiries

Smile Licensed Real Estate Agency, Manager Jang Hong-jun: