Shopping for a Fixer Upper Farmhouse *Purchasing Property in Korea*
ฝัง
- เผยแพร่เมื่อ 29 พ.ค. 2020
- I tagged along with a recently retired Korean looking to buy a fixer upper Korean style farmhouse in the South Korean Countryside. Definitely didn't expect the prices I saw still being quoted even during an economic downturn. Real estate in South Korea is definitely overpriced
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Those no-man lands are brilliant. Here in Canada, all the nearby hills are owned. I can't hike anywhere hilly because it's all private property. In Korea, we hiked in the mountains every day. The communal spaces greatly enhanced our quality of life. I wish we had that here!
This makes me want to buy a house in Korea...
... I'm a 20 year old american with no money and a very poor grasp on the Korean language.
it's possible. You're still young!
Seriously bro, u going to be a farmer? 😂
Convert it into a paintball battlefield! Charge admissions lol
Lol
That back mountain in property 1 can be a food forest. Live off the mountain and sell the farm crops
Love and update on what they did and how it looks now 👌
Dude, that was pretty awesome! I enjoyed seeing the land out there and the old houses. The last one was pretty dope with the ridge and the land etc. Really made me think about stuff. The Korean countryside is pretty incredible, I do miss it. I have a friend from the US, maybe about 15 years ago he and his korean wife bought some "farm land" out there where you are at and somehow changed the zoning and built a house. I am going to email him and see how that went. I would much rather have a simple house on some land like the last one out in the countryside, an hour or whatever from a major city than an apt. in Seoul, for the same price that can happen, which. just shows u how everyone just wants to be in the big cities, but being in the countryside is pretty sweet. hope you are well, thanks for uploading and presenting this video, made my day. peace from Macau.
Yeah he ended up buying it so more videos to come. It looks much nicer now that the vegetation is green and his garden has fruits and vegetables
@@livetravelasia awesome dude, looking forward to it! hope u r well, peace from Macau.
Wow~강원도 인가요?
아침 새들소리에 일어나 직접가꾼 채소들과 된장찌개해서 앞마당탁자에
앉아 따뜻한 햇살과 싱그러운 바람맞으며 식사하는것이 제 꿈입니다~ㅎ^^
That was a really interesting tour of rural Korean homes. I grew up on various farms and ranches in Western Canada (southern Alberta) and the amount of land varied from about 640 to 10,000 acres so what you called farms there, we would refer to as a garden. I didn't find the prices that high from what you were showing comparing it to the price of an acreage with a house here.
Haha yeah korean farms are definitely smaller but these are backyard gardens. Koreans live in apartments with no land to even do gardening so they refer to these as farm houses but prob doesn’t translate well. It’s only older folks that are retired that wanna live in them and nobody would want acres haha. But I’ve even seen younger Koreans go down to farm but they are nowhere near the size of commercial farms in the states. Most of the farming here is done in smaller farms using less chemicals and mass production methods. Why the cheapest produce in Korea is imported from the states :)
Very educational. All the properties had their own beauty. A bit expensive tho. Awesome video, thanks for sharing all this info...
Agreed... I personally wouldn't buy it in the countryside. Of course these were just list prices so they actually sell for less... still I think it was expensive haha
In America, land like that would go well over 500k. Having land with a house makes the house's value goes up.
I prefer by far the first property ,i can see the huge potential.
Hey Man, Thanks for the suburban / rural Korean tour 🙌👍
Glad you enjoyed it buddy!
@@livetravelasia Sure
cool video. please do more
I just shot another one :)
Wow, I was complaining about Nigerian real estate, but Korean houses are the same as Nigerian houses. I’m shook. I’m living in a house currently that is similar.
Wow really?
Soooooo peaceful!
Yes!
1:11-container home. cool vid so far!!!
Haha glad you enjoyed it
I love this video!! I am 23 years old. I lived in Waegwan for 2 years with my husband in a more “suburban” house but was right next to the countryside. I would love to move to North Eastern Korea and get a house like these for my husband and I to have the garden and chickens we want! 😍 I saw you comment that it might be possible for Americans! Ahh! So exciting to think about!
Yes definitely possible. Hope you find an amazing home :)
I searched for this out of a random spark of curiosity for rual Korea. I'm suprised to find its really not a lot different from Rual America other than a slight differences in architecture. I actually think old American farmhouses are a creepy as hell compared to these yet more structurly sound to withstand time but that's based on only what ive seen from this video. I think the biggest difference is the amount of farm land you can buy which is a given. My families generational farm is 20 acres.
Yeah the older houses in the states are definitely built to last. Land is really expensive out here. It’s already a small country but like 80 percent is mountains
You really just need a bedroom to sleep in but I do prefer a big enough bedroom to decorate in.
Beautiful areas, it is cheaper in certain states that are close to cities for buying land, especially auctions, but the States is a lot bigger than Korea obviously lol. My wife wants to buy a home in Korea for vacationing destination or use as seasonal home so might be looking into some of these farm homes like these especially since I love walking on trails and enjoying the nature in the land. I like that no man lands concept hehe I'd definitely be doing the same deal.
Haha lemme know if you end up buying one
I'd modernize it, make more living spaces, get that mountain looking green, get rid of dead trees and such. There's a lot I'd do, but as a girl I'd seriously would've gotten upset about living there. I'd be mad, sad and then accept that this is my new reality.
lol it's a lot of work for sure... eve as a guy I think I would have wanted to than realized I bought a money pit and regret it later lol
What does that have to do with being a girl
Interesting content! I've lived in Korea 20 years. I'm curious where these houses were? I sometimes dream of retiring in Jeollabuk-do :) One of my colleagues and his wife (who has permanent residency) bought a country home near Daejeon and renovated it. They turned the small out building into a pottery studio.
How much it was&
Not an outhouse(outhouse=toilet with no plumbing), more like it's a shed or man cave. Beautiful property.
I’m a sustainable agriculture specialist in Canada. I really want to open a sustainable salmon aquaponics and green vegetables with oyster/shiitake mushroom farm in Korea. Im finding trouble looking for resources to do this though. This was a nice video
Wow that's amazing. If you ever come to Korea let me know. I'd love to make a video of your journey
Where abouts in Canada? What resources do you have? I'm interested moving to south korea.
I like it...
It'll look great when you fix it up!
Loved seeing this.. question: what website do you use to look for rural farmhouses in Korea?
We actually just went to the real estate office of an area we are interested in and asked
Ethan yeh Thailand can seem like there are no rules about land but there are different titles and people do get caught out in building illegal structures. Got to talk to the village elders a lot and ask permission in Isaan. Not sure what happens in Bkk. In Australia there are different titles too and people do try to build but get found out too sometimes. Your dads friend no youngster and lots of hard work in them all. If you got boars maybe talk to him about making a smoke house to cure meat or little spirit factory to make Vodka or Gin.
Oh ok that’s good insight. In Korea it seems outside the city so much of the land is for agriculture use that if you own it and you’re not farming it, you get reported and pay really huge fines and definitely if you build a structure on it. Not sure how well that’s enforced in areas outside Bangkok. I was just surprised how areas near my place was an open lot they turned into a place for songkran festivals and now they have a few food stalls and found a bunch of people living in the abandoned containers with electricity being pulled from the food stalls and stuff lol
Me personally I'd tear down the back building and build a bigger korean style barn with spacious loft apts for farm hands. Id also use the fields to grow crops the hill side the good majority of the dead trees I'd cut down & process into firewood and in there place I'd plant fruit trees aswell id clean up the creek area plus I'd dig the creek deeper & somewhat wide but not by much. The main house i'd also tear down and build a more traditional and spacious hanok with some modern amenities some being the operative word. Aswell I'd also plant a decent sized vegetable & herb garden along with a hen house so as to have fresh eggs daily and a separate chicken coop for the chickens that would be raised for there meat.
Yup that would be epic
Perhaps build a resort if u see any potential in the areas? Just saying
I'm talking about the first property
Haha actually I’ve been talking to Mayu about turning her grandparents home which is a very big traditional Japanese home into a guesthouse. Just not sure if my viewers would wanna travel out to the Japanese countryside haha
@@livetravelasia 👍😇 if she agrees that would be nice, hoping one day I can travel to Japan,Korea,France plus++++ I have lived in Thailand for 1yr, I like it then I don't know about now though as I'm older now, u r quite brave to move there n live there
The last property is beautiful. @ 6:19 Not really! I am a woman and I can see a luscious garden, home vegetable beds, and the fact that the property has a water source is amazing. I almost jumped out of my skin to ask if a foreigner can buy a property like this in Korea until I heard the price. The fact that your mum is harvesting what looks like chives say something about her interests as well. Dude no need for all that dark uses but I would farm on it. It is perfectly set up for that. lol
Actually we are staying in a home rent free with a high deposit of 40K usb and it has a water source, ground spring water and free farmland that most of the tenants here don't use
Hey man just stumbled on this video. Do you happen to know if paving happens to count as a "structure" on this land? How about a concrete bowl or private skatepark? Wondering how hard it would be to legally have my own private skatepark on my [hypothetical] land.
That's a really good question.... I imagine it shouldn't matter at all honestly. My dad's friend did end up buying a house and although I haven't had time to edit that video he turned what was even designated as farm into his private badminton court. My general impression is that Korea isn't so strict on building regulations like in the states. Especially the further out you go into the countryside, the less care they have. All they care is that people are actually going there to live and doing something to develop the place. As for if you had other people skating there and the liability... idk. But I am pretty sure it's not going to be anything as crazy as America cause Korea operates on more common sense than blaming of everyone else but your stupidity in my observation
Looks nice there and from where I sit it's a bargain to buy property there. A 1600sq. Ft new townhouse in suburbia,Western Canada( close to Vancouver) is $625k USD. With $400 monthly maintenance fees. Farmland probably $2M for anything decent with home on it . Looks really appealing for the price. Especially reno costs. Way more here. Sounds like you were planning to leave S.Korea in one vid I saw. Women are gorgeous in Korea. I would never leave. 😁
Haha wow... I guess if you compare to Canada probably but this is an expensive area. I've found in the areas not close to seoul, you can get nicer homes next to the river and lakes at even lower prices. Some towns are even offering to let you get homes for free if you renovate :)
@@livetravelasia Truly amazing! I'd love there if I could.I think the only negative is being next to N. Korea but based on what I've heard from youtube videos. S.Koreans seem to not be worried about Un's antics. You plan to leave S. Korea tho huh? Or just for the vacation I think you were saying you are planning. In one vid you said you were done with S. Korea. The US is crazy. Don't go back there!😂😂😂
@@livetravelasia Do you know of any online resources that list homes like that?
Childless comfort neighborhood, the third one reminds me of.
I think just under 5 acres would be a good hobby farm which could hopefully sell to the local community.
Haha I don’t think any local Korean would think something that large to be a hobby farm. Korean farmers do everything on a smaller scale and go for quality over quantity
I buy it
If I ever live overseas somewhere I would like high ceiling n modern home if I have a choice or my preference if that makes sense 😁
Haha yeah I’d like that too but in Korea it gets so cold that high ceilings are not good for heating
If I'm a Journeyman Electrician in the US, how well would my credential/experience transfer over if I were to undertake a full home electrical renovation that involved pulling permits and inspections?
I have zero idea actually.... that being said I see Koreans undertake lots of electrical work without permits and inspections. No country I know of is as anal with permits and inspections as America. It's your land, your building, you do what you want. But if it burns down and kills someone, you're responsible is what I would generalize it as. But still there are still permits and inspections to be had if you wanna do it legit. Not totally third world like some other asian countries I've been to but if you aren't planning on selling it or whatever I highly doubt anyone will say anything especially in the countryside. This is one thing I like about the Korea countryside, people leave you alone to do what you want
@@livetravelasia Okay, thanks for the reply.
How about general trade licensing requirements to work on commercial construction sites? I get the feeling that construction labor unions in Korea aren't big and the work is disregarded as low skilled work and there are limited licensing/training requirements with wages low. Or is that wrong?
If this is the countryside of Japan, it will be more cheaper.
Can you tell me the person's or company you use to show you the house foe sale I am only finding rent houses ... I want to find house that are on sale
My dad's friend just went to random real estate offices in the towns he was interested in. We generally don't operate with a buyers agent in Korea
Make good mixed farm.
yes
You can build a 2 story house for 100,000,000?
this nice house i want to live in there
Lots like these in Korea and the prices are only going down :)
@@livetravelasia How much cost House in south korea
Depends on the location. Some places they are almost giving them away for free
@@livetravelasia wait its free house in south Korea
The last one is a house for sale or just a piece of land? His friend is going to divide the land?
All of it is included
I want to live there so bad to get my own places living a Farm house to stay way from city
It’s nice tes
@@livetravelasia that next to house I would love to live there with tiny house only one person
So i assume you can find cheap or affordable houses outside of major cities ya?
Yeah even I am thinking of getting one it’s just I have so much work in Seoul I am just content with my little 180 dollar a month rooftop room haha
2:37 sorry but ‘ hwang to ‘ means yellow clay or earth not red clay
Nice presentation btw
Haha you're right. Hwang like gold. It looks red tho lol
한국 시골의 문제.. 젊은이들이 없고 오래되고 버려진 빈집들과 노인들만 산다.
Nice but sucks that they plan on developing the farm into concrete
They actually ended up buying another place w three times as much land and they’re farming it all so happy ending :)
Where in Korea is this?
North easternish?
That land price send me.
They're on the video but ultimately you'll have to negotiate with the real estate offices here
nah its about perspective. i know men that can't see potential too. 5:50
True
Ugly houses cost so much
It's the land you're paying for cause houses are cheap to build
@@livetravelasia ....how much does it cost to build a nice home?
Learn Japanese and remember the word... Akiya.
Prices are way lower in Japan and the houses are much nicer.