Finding An Apartment When In Seoul
Many foreigners come to South Korea to appreciate its awesome lifestyle. This includes spending their vacations in one of its many world class resorts, such as the prestigious Samsung World. However, tourists usually choose to rent an apartment by the day. By doing this, they can experience a more authentic lifestyle while still making a decent amount of savings. Note: This post is primarily focused on furnished apartments in Seoul, but would be applicable to privately owned apartments elsewhere in Korea.
The cost of apartment rentals in Seoul depends largely on the location. The bigger the city, the pricier the apartments and the more expensive the prices will be. To get a better idea about the prices of different buildings, check out this table:
Studio apartments: As the name would imply, studio flats are one-room dwellings that usually come with a couple of bedrooms. Due to their small size, studio flats are often located far from tourist destinations or other areas where tourists might want to go to. In contrast to villas, studio apartments may be cheaper as they are generally rented by the day. They are ideal for students that are short on cash but still need somewhere to live. Apart from being an ideal place to live, a studio flat in Seoul is also known for its high safety profile and low crime rate.
Villas: A relatively new form of apartment buildings, villas offer more space than studio flats and are usually considered more luxurious. If you would like to rent a villa in Seoul, be certain that you find one that offers good amenities such as a swimming pool, game room and so on. Some villas even offer security and other convenience packages. As a result of growing demand for these types of villas, prices are now rather expensive as well.
Deposit: A significant element when renting an apartment or staying in a villa in Korea is the cost of rent. Before you sign any agreement with a leasing business, you should inquire about the required deposit. The deposit may vary depending on the rental company and from time to time, even between apartment complexes. You must always read the contract thoroughly before signing it since some businesses might impose stricter rules about how much cash you need to deposit.
Accommodations: When living in a different country for a long time, it might become difficult to adapt to the culture. This might lead to problems with your apartment complex. Before you choose to rent a place, make sure that you have enough funds to support yourself for a month or two while you study in Seoul. A monthly budget is advisable since this can help you avoid having any financial difficulty when adjusting to the new culture. You can ask your friends or colleagues if they have any apartments they might want to rent so that you will have some idea on where to start looking for a place to stay when in Seoul.
Jeonse System: Most people who rent an apartment in Seoul utilize the Jeonsee system. This system resembles the Euro pockets system in which the apartment owners to deposit a certain amount of their monthly earnings into a special bank accounts. They then use this money as the key key money for their apartment. Some landlords also offer a weekly or monthly income which you can use to pay for your rent. They just check your account once in a month to be certain the money has been deposited. If your landlord does not provide any income, you should think about finding a house to rent rather than paying rent with your key cash.
Apartments in Seoul are provided by major international and 수원오피걸 domestic apartment buildings as well as property management companies. The rates for flats are usually higher than those in metropolitan cities but they are still cheaper compared to other developed nations like the US and UK. You can easily get an apartment that you rent in Seoul without having to worry about its own location, cost of utilities or the standard of the building.
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