Can a foreigner buy a house in Korea?

I'm a foreigner who has been living in Korea for a few years now, and I'm considering purchasing a property here. However, I'm not entirely sure if foreigners are allowed to buy houses in Korea. Could you please clarify this matter for me? I've heard that there might be some restrictions or specific requirements that need to be met. Could you also inform me about the process of purchasing a property in Korea as a foreigner? I'm particularly interested in the legal aspects, such as obtaining a property license or registering the property in my name. Thank you in advance for your help.