South KoreaEnglish translation

Sale of a Semi-Basement Multi-Family House with Two Units in Hwabuk-dong, Jeju City — 66 Million Won

₩66,000,000

Property type
Multi-family home
Home character
Country home
Home area
40.38 ㎡

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Sale of Two Semi-Basement Units in Hwabuk-dong, Jeju City
Located in Hwabuk-dong, Jeju-si, Jeju Special Self-Governing Province, this property consists of two semi-basement units for sale. The transaction is being handled directly by the owner, and both units are being sold together.

Sale Price and Transaction Terms
The sale price is 66 million won. This is a quick-sale property for which a fast transaction is desired, and the price may be adjusted through smooth negotiation. A 5 million won discount applies to contracts signed this month.

Basic Property Information
The listed area is 40.38㎡, and the property consists of one room and one bathroom. The date of use approval is December 30, 1989.

Composition of the Two Semi-Basement Units
The properties for sale are the building’s two semi-basement units, Semi-Basement Unit 01 and Semi-Basement Unit 02. Semi-Basement Unit 01 is listed as 11 pyeong, and Semi-Basement Unit 02 is listed as 13 pyeong.

This is an old multi-family house, and only the two semi-basement units are being sold separately, not the entire building. The units are currently occupied by tenants, and the property is suitable for a buyer who wishes to purchase it with the tenants remaining.

Investment-Related Notes
The seller states that the return on investment is more than 70% for a rental investment; however, the actual return should be reviewed separately after confirming the rent, management fees, vacancy status, and various expenses.

Location and Direct Transaction Information
The address is 31-1 Jinnam-ro 10-gil, Jeju-si, Jeju Special Self-Governing Province. This property is being transacted directly with the seller, and its transaction status is listed as in progress.

Cover photo

Contact and listing source

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