Post-Corona Income-Generating Real Estate Market Focuses on 'Saenghwal Sukbak Facilities'
With the distribution of COVID-19 vaccines, the revival of the tourism industry is anticipated, and in the income-generating real estate market, there is growing interest among buyers in residential lodging facilities where accommodation businesses are possible.
According to the real estate industry on the 15th, in Seoul, the supply of residential lodging facilities is active mainly in urban areas frequently visited by foreigners, such as Myeongdong, Ikseon-dong Hanok Village, and Insadong. These areas are highly rated in terms of profitability as they already function as central business districts in addition to tourism.
A representative example is Daewoo E&C’s luxury residential lodging facility "Sewoon Prugio Gravity," located in the Sewoon Redevelopment Promotion District in Jung-gu, which is being sold this month. Following the recent first-priority closing of "Sewoon Prugio Hericity" with an average competition rate of 23 to 1, this is the second supply in the Sewoon Redevelopment Promotion District (hereinafter Sewoon District) this year.
The supply composition of "Sewoon Prugio Gravity" consists of a total of 756 units with exclusive areas ranging from 21 to 50㎡, including 396 units in Zone 3-6 and 360 units in Zone 3-7. Both complexes are structured from 6 basement floors to 20 above-ground floors. Various house amenity services such as butler service, housekeeping service, fresh house, and rental house will be operated. Cultural facilities include co-working studios, content studios, and screen rooms. Additionally, community facilities such as boutique gyms, shower rooms, and locker rooms will offer a level of luxury surpassing hotel services.
In Yeosu, Jeollanam-do, the residential lodging facility "Yeosu Ungcheon Gold Class The Marina" is being offered for sale. "Yeosu Ungcheon Gold Class The Marina" is a high-end residential lodging facility located right in front of Ungcheon Beach, consisting of 4 buildings with 496 units in a super high-rise structure from 3 basement floors to 43 above-ground floors. It is composed of highly preferred medium to large units with exclusive areas of 105, 106, 139, 197, and 267m², offering panoramic premium ocean views and access to abundant surrounding infrastructure.
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In Yangyang, Gangwon-do, a famous surfing tourism spot, the pop art residence "Le Bour Naksan" is scheduled for sale right in front of Naksan Beach. This complex will be built in the Jucheong-ri area of Ganghyeon-myeon, Yangyang-gun, Gangwon-do, with a total of 20 floors, including 5 basement floors and 20 above-ground floors, planning residential lodging facilities and neighborhood living facilities. The space consists of a total of 8 types and 368 units.
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