Buying real estate in Daegu?

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What properties can you buy in Daeguwith $100k, $300k, $500k and more? (January 2026)

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Authored by the expert who managed and guided the team behind the South Korea Property Pack

buying property foreigner South Korea

Everything you need to know before buying real estate is included in our South Korea Property Pack

In this guide, we break down exactly what you can buy in Daegu at different budget levels, from $100k all the way up to luxury territory.

We constantly update this blog post with fresh data on current housing prices in Daegu so you always have accurate numbers to work with.

Whether you are a first-time buyer or a seasoned investor, understanding the real price landscape in Daegu will help you avoid overpaying and find the right property.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Daegu.

What can I realistically buy with $100k in Daegu right now?

Are there any decent properties for $100k in Daegu, or is it all scams?

With $100,000 (about 146 million Korean won at January 2026 exchange rates), you can find legitimate older apartments or smaller villa units in Daegu's non-premium districts, though you will be shopping at the entry level of the market.

The neighborhoods in Daegu that offer the best value and most legitimate options for a $100k budget include Dalseo-gu (especially Sangin-dong and Wolseong-dong), Buk-gu (Chilgok area neighborhoods like Dongcheon-dong and Gwaneum-dong), and parts of Dong-gu like Sinseo-dong where older buildings trade at lower prices.

Buying in popular or upscale areas like Suseong-gu for $100k in Daegu is technically possible, but you will be limited to very small, very old, or compromised units, meaning you are essentially paying for the address rather than comfort.

Sources and methodology: we anchored our price estimates to actual closed transaction data from the Ministry of Land (MOLIT) Real Transaction Price System, which records what buyers actually paid rather than listing prices. We cross-referenced district-level pricing with Korea Real Estate Board (REB) statistics and validated the estimates against our own market monitoring data. Currency conversions use January 2026 rates from ValutaFX at approximately 1,460 won per dollar.

What property types can I afford for $100k in Daegu (studio, land, old house)?

At $100,000 (146 million won) in Daegu, your realistic options include small older apartment units outside premium school zones, villa or multi-family units in non-prime pockets, and very old small detached houses in less central areas, though land-only purchases are trickier for foreigners and carry higher risk.

For properties in this price range in Daegu, you should expect cosmetic to moderate renovation needs, with a practical budget reserve of 10 to 30 million won for flooring, walls, kitchen refresh, bathroom updates, and potentially windows or boiler replacement in older stock.

Among these options, small older apartments in well-managed complexes near public transit tend to offer the best long-term value in Daegu because they have the largest buyer pool when you eventually want to resell.

Sources and methodology: we based property type availability on transaction patterns visible in the MOLIT Real Transaction System filtered for Daegu. We validated renovation cost expectations against contractor estimates and building age data from REB's R-ONE statistical system. Our team also contributes ongoing local market intelligence to refine these ranges.

What's a realistic budget to get a comfortable property in Daegu as of 2026?

As of early 2026, the realistic minimum budget to get a comfortable property in Daegu is around 200 to 220 million won ($137,000 to $150,000 or approximately 128,000 to 140,000 euros), which moves you out of survival mode and into mainstream options.

Most buyers in Daegu need a budget of 200 to 300 million won ($137,000 to $205,000 or 128,000 to 192,000 euros) to reach what locals would consider a comfortable standard in terms of unit condition and location.

In Daegu, "comfortable" generally means a properly laid-out apartment of 40 to 60 square meters with decent natural light, functional modern systems, reasonable building management, and walkable access to public transit and daily amenities.

This required budget can vary by 30% to 50% depending on the neighborhood in Daegu, with Suseong-gu commanding the highest premiums due to its elite school zones while districts like Dalseo-gu and Buk-gu offer more space for the same money.

Sources and methodology: we triangulated "comfortable" thresholds using median transaction data from Korea Real Estate Board and local market observations. We validated district-level price gaps against official statistics from KOSIS (Korean Statistical Information Service). Our property pack includes detailed neighborhood-by-neighborhood breakdowns.

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buying property foreigner Daegu

What can I get with a $200k budget in Daegu as of 2026?

What "normal" homes become available at $200k in Daegu as of 2026?

As of early 2026, a $200,000 budget (about 292 million won) in Daegu opens the door to mainstream apartments in decent buildings with proper management, better transit access, and the ability to prioritize either location or size/condition depending on your preferences.

For $200k in Daegu, you can typically expect a property of 40 to 60 square meters (roughly 430 to 645 square feet), which accommodates a comfortable one-bedroom or compact two-bedroom layout in many non-premium areas.

By the way, we have much more granular data about housing prices in our property pack about Daegu.

Sources and methodology: we based size expectations on transaction records filtered by price band from the MOLIT Real Transaction System. We cross-referenced building quality indicators with Korea Real Estate Board market monitoring data. Our team also validates these ranges through direct local sourcing.

What places are the smartest $200k buys in Daegu as of 2026?

As of early 2026, the smartest $200k buys in Daegu are concentrated in Dalseo-gu (particularly Sangin-dong and Wolseong-dong for strong everyday convenience), Buk-gu's Chilgok area for good value per square meter, and parts of Dong-gu near Sinseo-dong with decent subway access.

These areas are smarter buys compared to other $200k options in Daegu because they combine family-friendly demand, practical daily amenities, and public transit access without the premium pricing of school-zone-heavy Suseong-gu.

The main growth factor driving value in these smart-buy areas of Daegu is sustained local demand from families and young professionals seeking livable neighborhoods close to work and schools, which supports both rental demand and resale liquidity.

Sources and methodology: we identified smart-buy areas using transaction velocity and price stability data from the MOLIT Real Transaction System. We validated neighborhood fundamentals against Bank of Korea regional economic indicators. Our analyses incorporate local demand patterns we track independently.
statistics infographics real estate market Daegu

We have made this infographic to give you a quick and clear snapshot of the property market in South Korea. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

What can I buy with $300k in Daegu in 2026?

What quality upgrade do I get at $300k in Daegu in 2026?

As of early 2026, moving from $200k to $300k (438 million won) in Daegu typically gets you better building quality, more consistent apartment layouts with proper living rooms and better natural light, and a realistic shot at a solid two-bedroom unit in many districts.

Yes, $300k can often buy a property in a newer building in Daegu right now, especially outside the most premium Suseong-gu pockets, though "newer" might mean 10 to 15 years old rather than brand-new construction.

At this budget in Daegu, you typically gain access to better insulation, modern elevator access, underground parking, updated kitchen and bathroom finishes, and buildings with more professional management services.

Sources and methodology: we tracked quality tier transitions using building age and amenity data from the REB R-ONE statistical system. We validated construction quality premiums against transaction patterns in the MOLIT database. Our property pack includes detailed building-by-building quality assessments.

Can $300k buy a 2-bedroom in Daegu in 2026 in good areas?

As of early 2026, yes, $300k (438 million won) can very likely buy a 2-bedroom property in good areas of Daegu, particularly in well-regarded neighborhoods of Dalseo-gu, Buk-gu, and parts of Nam-gu.

Specific good areas in Daegu where you can find 2-bedroom options at this budget include Sangin-dong and Wolseong-dong in Dalseo-gu, Chilgok-area neighborhoods in Buk-gu, and select pockets of Suseong-gu if you accept slightly older buildings.

A $300k 2-bedroom in Daegu typically offers 60 to 75 square meters (roughly 645 to 807 square feet), which is a comfortable family size by Korean standards with distinct sleeping areas and a proper living space.

Sources and methodology: we based 2-bedroom availability on transaction records filtered by unit size from the MOLIT Real Transaction System. We validated district-specific options against Korea Real Estate Board inventory data. Our team continuously monitors listing-to-close patterns across Daegu districts.

Which places become "accessible" at $300k in Daegu as of 2026?

At the $300k price point in Daegu, you gain realistic access to more central living zones, better pockets of Dalseo-gu and Buk-gu, and select options closer to popular transit nodes and major shopping streets without sacrificing all your living space.

These newly accessible areas are more desirable than lower-budget options because they offer noticeably better walkability to daily amenities, shorter commute times via Daegu's metro system, and access to neighborhoods where long-term residents have established stable communities.

In these newly accessible areas, buyers at $300k can typically expect a well-maintained apartment of 60 to 80 square meters in a building with proper elevator access, security, and community facilities.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Daegu.

Sources and methodology: we mapped accessibility thresholds using price-per-square-meter data from the MOLIT Real Transaction System. We validated neighborhood desirability factors against transit access data and Korea Real Estate Board demand indicators. Our analyses incorporate walkability assessments we conduct locally.

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What does a $500k budget unlock in Daegu in 2026?

What's the typical size and location for $500k in Daegu in 2026?

As of early 2026, a $500,000 budget (about 730 million won) in Daegu typically gets you a larger apartment of 70 to 100 square meters (750 to 1,075 square feet) in upper-tier locations, with much better ability to choose both your preferred location and building condition.

At $500k in Daegu, buying a family home with outdoor space is possible but less common because Korea's most liquid housing type is apartment complexes, and if you want a yard or terrace, you would typically look at house or villa-style property which may trade off resale liquidity and maintenance simplicity.

For $500k in Daegu, you can typically expect 3 bedrooms and 2 bathrooms, which is the standard family configuration that Korean buyers consider comfortable for long-term living with children.

Finally, please note that we cover all the housing price data in Daegu here.

Sources and methodology: we based size and configuration expectations on transaction data for the 700-800 million won band from the MOLIT Real Transaction System. We validated typical layouts against building registry information and Korea Real Estate Board unit type distributions. Our team tracks premium segment transactions independently.

Which "premium" neighborhoods open up at $500k in Daegu in 2026?

At the $500k price point in Daegu, buyers gain realistic access to Suseong-gu's well-known premium neighborhoods including Beomeo-dong, Manchon-dong, and Hwanggeum-dong, which are considered the city's most prestigious residential areas.

These neighborhoods are considered premium in Daegu because they concentrate the city's top-ranked elementary and secondary schools, best private academies, highest-quality daily amenities, and the strongest property value resilience even during broader market downturns.

For $500k in these premium Daegu neighborhoods, buyers can realistically expect a well-maintained apartment of 70 to 85 square meters in a reputable complex with good management, though brand-new construction in the absolute best micro-zones may still require higher budgets.

Sources and methodology: we identified premium neighborhood thresholds using school-zone premium data and transaction patterns from the MOLIT Real Transaction System. We validated Suseong-gu's price resilience against Korea Real Estate Board historical indexes. Our property pack includes detailed Suseong-gu micro-zone analysis.
infographics rental yields citiesDaegu

We did some research and made this infographic to help you quickly compare rental yields of the major cities in South Korea versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

What counts as "luxury" in Daegu in 2026?

At what amount does "luxury" start in Daegu right now?

In Daegu, "luxury" real estate typically starts at around 1 billion won ($685,000 or approximately 640,000 euros), which is where you consistently find newer brand-name complexes, top school-zone access, high-floor views, and premium convenience all combined.

The entry point to luxury in Daegu is defined by brand-name developers (like Samsung, Hyundai, or Lotte), buildings under 10 years old, large units of 110 square meters or more, premium floor levels with unobstructed views, and location within the most sought-after Suseong-gu school attendance zones.

Compared to Seoul where luxury starts above 2 billion won, Daegu's luxury threshold is significantly lower, making it one of Korea's more accessible major cities for buyers seeking high-end living without capital-region prices.

Mid-tier luxury properties in Daegu typically range from 1 to 1.5 billion won ($685,000 to $1 million or 640,000 to 935,000 euros), while top-tier luxury units in the most prestigious Suseong-gu complexes can reach 2 billion won ($1.37 million or 1.28 million euros) or more.

Sources and methodology: we established luxury thresholds using top-decile transaction data from the MOLIT Real Transaction System. We validated brand-premium effects against Korea Real Estate Board construction-type breakdowns. Our team tracks high-value transactions across Daegu independently.

Which areas are truly high-end in Daegu right now?

The truly high-end neighborhoods in Daegu are concentrated in Suseong-gu, specifically Beomeo-dong, Manchon-dong, and Hwanggeum-dong, which together form the city's most prestigious residential corridor.

These areas are considered truly high-end in Daegu because they combine the city's most competitive school zones with metro Line 2 and Line 3 access, walkable upscale retail and dining, established professional communities, and a track record of price stability even during Korea-wide market corrections.

The typical buyer profile for these high-end Daegu areas includes affluent local business owners, medical professionals from nearby hospital complexes, families prioritizing elite school access for their children, and successful retirees downsizing from larger suburban properties into premium urban convenience.

Sources and methodology: we identified high-end areas using price-per-square-meter peaks and transaction concentration data from the MOLIT Real Transaction System. We validated buyer profiles against regional economic data from Bank of Korea and local market observations. Our analyses incorporate demographic trends we monitor independently.

Don't buy the wrong property, in the wrong area of Daegu

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housing market Daegu

How much does it really cost to buy, beyond the price, in Daegu in 2026?

What are the total closing costs in Daegu in 2026 as a percentage?

As of early 2026, total closing costs for buying property in Daegu typically range from 2.5% to 6% of the purchase price for a standard owner-occupier transaction.

The realistic low-to-high percentage range that covers most standard transactions in Daegu runs from about 2.5% for the most straightforward single-home purchases up to 6% or higher if you face additional taxes (such as for multi-home buyers) or need extensive legal assistance.

The specific fee categories that most commonly make up this total in Daegu include acquisition tax (the largest component at around 1% to 4% depending on circumstances), local education tax, registration fees, brokerage commission (capped by regulation), and optional legal or translator fees for foreign buyers.

To avoid hidden costs and bad surprises, you can check our our pack covering the property buying process in Daegu.

Sources and methodology: we built closing cost ranges using official tax schedules from WETAX (Korea's local tax portal) and acquisition tax policy reporting from Chosunbiz. We validated brokerage caps against InvestKorea guidance for foreign buyers. Our property pack includes a detailed closing cost calculator.

How much are notary, registration, and legal fees in Daegu in 2026?

As of early 2026, notary-equivalent, registration, and legal fees in Daegu typically total 500,000 to 3 million won ($340 to $2,050 or 320 to 1,920 euros) depending on property value and whether you hire professional legal help as a foreigner.

These fees typically represent less than 1% of the property price in Daegu, making them a relatively small portion of total closing costs compared to acquisition tax and brokerage fees.

Among these three fee types in Daegu, optional legal or judicial scrivener assistance for foreign buyers is usually the most expensive if you choose to use it, as registration itself is a flat administrative cost while Korea does not have the same notary-heavy system as some Western countries.

Sources and methodology: we based registration cost estimates on official schedules from the Korea Law Translation Center (Real Estate Registration Act). We validated legal assistance ranges against InvestKorea guidance and local practitioner quotes. Our team tracks actual closing experiences for foreign buyers.

What annual property taxes should I expect in Daegu in 2026?

As of early 2026, typical annual property taxes for a standard owner-occupied apartment in Daegu run approximately 300,000 to 2 million won ($205 to $1,370 or 190 to 1,280 euros), with higher amounts for larger or luxury-tier properties.

Annual property taxes in Daegu typically represent 0.1% to 0.35% of the property's assessed value, which is usually lower than the market price, making Korea's holding taxes relatively modest compared to many Western countries.

Property taxes in Daegu vary based on property type and location, with Suseong-gu luxury apartments potentially triggering additional comprehensive real estate holding tax for properties assessed above 900 million won, while standard apartments in other districts face only basic property tax.

First-time homebuyers and certain long-term owner-occupiers in Korea may qualify for reduced property tax rates, and properties purchased for business purposes by qualified foreign-invested companies can access exemptions under the Foreign Investment Promotion Act.

You can find the list of all property taxes, costs and fees when buying in Daegu here.

Sources and methodology: we calculated property tax ranges using official rate schedules from WETAX and comprehensive holding tax thresholds from PwC Korea tax summaries. We validated exemption eligibility against InvestKorea guidance. Our property pack includes a property tax estimator.

Is mortgage a viable option for foreigners in Daegu right now?

As of early 2026, obtaining a mortgage as a foreigner in Daegu is sometimes possible but should not be the foundation of your purchase plan unless you already have strong ties to Korea, such as resident status and documented local income.

Foreign buyers in Korea who do qualify for mortgages typically face loan-to-value ratios of 40% to 60% (lower than Korean nationals) and interest rates around 3.5% to 4.5%, with stricter income verification requirements than locals receive.

To qualify for a mortgage in Daegu as a foreigner, you typically need valid resident status (E or F visa preferred), documented income in Korea or verifiable foreign income, a Korean bank account, and often a local co-signer or substantial down payment to offset the bank's risk assessment.

If you're interested, we cover all the mortgage process in our real estate pack about Daegu.

Sources and methodology: we based mortgage viability on official program terms from the Korea Housing Finance Corporation and regulatory guidance from the Financial Services Commission. We validated foreigner-specific requirements against Bank of Korea lending data. Our team tracks actual foreigner mortgage approvals across Korea.
infographics comparison property prices Daegu

We made this infographic to show you how property prices in South Korea compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What should I predict for resale and growth in Daegu in 2026?

What property types resell fastest in Daegu in 2026?

As of early 2026, apartments in large, well-known complexes near metro stations resell fastest in Daegu, particularly units with mainstream family layouts (2 to 3 bedrooms) in the 60 to 85 square meter range.

The typical time on market to sell a well-priced mainstream apartment in Daegu is 1 to 3 months, while niche properties, very old buildings, or awkwardly sized units can take 3 to 6 months or longer if pricing is aspirational.

In Daegu specifically, properties near Metro Lines 2 and 3 in Suseong-gu and Dalseo-gu sell faster because these areas have the deepest buyer pools of families prioritizing school access and transit convenience, which creates competitive bidding.

The slowest-reselling properties in Daegu tend to be oversized luxury units above 130 square meters (limited buyer pool), very old buildings requiring major renovation, and villas or low-rise units in areas without strong transit access where buyers prefer apartment complexes.

If you're interested, we cover all the best exit strategies in our real estate pack about Daegu.

Sources and methodology: we based resale velocity estimates on days-on-market data from the MOLIT Real Transaction System and listing turnover patterns. We validated property type preferences against Korea Real Estate Board transaction volume data. Our team tracks active listing durations across Daegu independently.

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buying property foreigner Daegu

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Daegu, we always rely on the strongest methodology we can … and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why it's authoritative How we used it
Ministry of Land (MOLIT) Real Transaction System This is the Korean government's official source for actual recorded property transactions. We used it to anchor prices to real closed deals in Daegu, not asking prices. We sanity-checked budgets by looking at monthly average transaction amounts by area and property type.
Korea Real Estate Board (REB) REB is a state-run market monitor that publishes official real estate statistics. We used it to ground the direction of the market in official institutional data. We also used it to avoid over-relying on private listing sites.
Bank of Korea (BOK) The central bank is the most trusted public source for macro and housing-finance context. We used it to anchor early 2026 conditions including rates and sentiment affecting mortgages. We used it to keep macro claims tied to a central bank source.
ValutaFX This is a widely used historical FX dataset with clear highs, lows, and averages. We used it to convert USD budgets into KRW using January 2026 rates. We used the monthly average for consistent budget math throughout the article.
WETAX This is the official Korean government portal for local taxes including acquisition and property taxes. We used it as the official reference point for tax rates and administration. We used it to frame closing costs around Korea's actual local-tax system.
Korea Housing Finance Corporation (HF) HF is the public institution behind Korea's major mortgage programs. We used it to explain what viable mortgage means in Korea and which programs exist. We used it to separate public mortgage options from what banks may offer foreigners.
Financial Services Commission (FSC) FSC is the financial regulator, so its mortgage guidance is as official as it gets. We used it to ground the idea that Korea uses hard constraints like LTV caps. We used it to explain why foreigners often face tighter practical lending outcomes.
InvestKorea This is the Korean government's official investment promotion agency with practical legal guidance. We used it to support foreign buyer eligibility and process expectations. We used it to keep foreign-buyer steps grounded in official guidance.
Korea Law Translation Center (KLRI) This is an official legal translation portal for Korean statutes. We used it to confirm that registration is a formal legal step with timing rules. We used it to justify why legal costs and correct filings matter for foreigners.
PwC Korea Tax Summaries PwC provides professional-grade tax guidance used by international investors. We used it to validate acquisition tax rates and comprehensive holding tax thresholds. We cross-referenced official sources against professional interpretations.
infographics map property prices Daegu

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of South Korea. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.