Property tax calculator
See the taxes you pay when buying, owning and selling.
M ₩₩1.5B
M ₩₩900M
M ₩₩30M
yrs
yrs
homes
Estimated capital gains tax (incl. local)
₩13.5M
Capital gain
₩570M
Taxable gain
₩114M
Long-term holding deduction (32%)
-₩36.5M
Basic deduction
-₩2.5M
Tax base
₩75M
Rate 24% (progressive deduction ₩5.8M)
₩12.2M
Local income tax (10%)
₩1.2M
- High-value one-home rule: only the portion above ₩1.2B is taxed
- One-home long-term holding deduction (4% per year each for holding and residence, up to 80%)
These results are estimates for reference only. Actual taxes and limits depend on your situation and current law. Check with a tax accountant or lender before making decisions.