Ryu Seung-beom Sells 6.3 Billion Won Small Building: Secrets to Success in Garosu-gil Real Estate Investment (ft. Shinbundang Line, Sinsa Wirye Line, Rental Income)
Actor Ryu Seung-beom's small building in Sinsadong Garosu-gil was sold for 6.3 billion won, attracting investors' interest. Ryu Seung-beom's "investment myth," which involved purchasing a detached house for 2.1 billion won in 2010 and building a new structure in 2012 to realize a profit of approximately three times the purchase price, once again proves the value of real estate investment in Garosu-gil. What kind of strategy did Ryu Seung-beom use to succeed in this investment? Let's analyze the Sinsadong small building investment case in detail.
Ryu Seung-beom Sells 6.3 Billion Won Small Building: Triple the Profit with Real Estate
In April 2020, the small building at 561-25 Sinsadong, previously owned by actor Ryu Seung-beom, was sold for 6.3 billion won. With a site area of 93.96 pyeong, a gross floor area of 232.79 pyeong, and a building completed in 2012, this small building in Sinsadong Garosu-gil is a relatively new structure. Ryu Seung-beom purchased a detached house on this site in 2010 for 2.1 billion won and built the current building in 2012, generating stable income over eight years through rental operations. The high rental yield of 4.75% further enhanced the investment value of this building.
Ryu Seung-beom's investment success can be analyzed in two ways. First, he maximized capital gains by purchasing real estate at a low price before the Garosu-gil commercial area became highly developed. Second, he secured a high rental yield by utilizing the advantage of a new building and operated a stable rental business over a long period.
- 6.3 Billion Won Small Building Sale: Triple the profit with real estate
- High Rental Yield: 4.75%
- Stable Rental Business: Generating stable income over a long period
Garosu-gil "Golden Block," Shinbundang Line & Sinsa Wirye Line Benefits
Ryu Seung-beom's small building is located in the Narosu-gil area, an extended commercial area of Garosu-gil, and is close to the Eulji Hospital intersection, a station on the planned Shinbundang Line extension and Sinsa Wirye Line. This excellent location offers high accessibility and increases future property value appreciation potential. Additionally, Garosu-gil is known as a "golden block" with high real estate investment value, a fact acknowledged by many.
This building is located in an area with convenient access to both Gangnam and Gangbuk, thanks to its proximity to Dosan-daero.
Furthermore, the Garosu-gil area is known for attracting investments from celebrities like Psy and other famous figures, ensuring a stable and sophisticated commercial environment.
- Garosu-gil Golden Block: High investment value
- Shindundang Line & Sinsa Wirye Line Benefits: Increased accessibility and future property value appreciation potential
- Diverse Rental Demand: Minimizing vacancy risk
Utilizing Residential Rental Business Registration, Maximizing Tax Benefits
Ryu Seung-beom maximized tax benefits by registering the small building as a residential rental business. The building was configured with commercial facilities on floors B1 to 1F, and urban-style living housing units from 2F to 5F, operating a rental business. This strategy of efficient rental arrangement and tax benefits was effective.
Also, Ryu Seung-beom received capital gains tax reduction benefits by operating a rental business for eight years after the 2012 construction. This was a wise choice to maximize investment returns from a long-term perspective.
- Residential Rental Business: Maximizing tax benefits
- Efficient Rental Arrangement: High profitability
- Long-Term Investment: Receiving capital gains tax reduction benefits
Conclusion
Ryu Seung-beom's Sinsadong Garosu-gil small building investment case demonstrates a model for successful real estate investment. Purchasing property at a low price, increasing building value through new construction, and generating stable income through a rental business are strategies that offer significant insights to many investors.
