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, like the prestigious Samsung World. However, tourists usually choose to rent an apartment by the day. This way, they could experience a more authentic lifestyle while still making a decent amount of savings. Note: This post is largely focused on furnished apartments in Seoul, but would be applicable to privately owned apartments elsewhere in Korea.
The expense 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 on the costs of different buildings, check out this table:
Studio apartments: As the title would imply, studio apartments are one-room dwellings that usually come with a couple of bedrooms. Because of 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 flats might be cheaper as they are generally rented by the day. They are best for students who are short on cash but still need a place to live. Apart from being an ideal place to live, a studio apartment in Seoul is also known for its high safety profile and low crime rate.
Villas: A relatively new kind of apartment buildings, villas provide more space than studio apartments and are generally considered more luxurious. If you would like to rent a villa in Seoul, be sure to find one which offers good amenities such as a swimming pool, game room and so on. Some villas even offer security and other convenience packages. Due to the growing demand for these types of villas, prices have become rather expensive as well.
Deposit: A significant factor when renting an apartment or staying at a villa in Korea is the price of rent. Prior to signing any agreement with a leasing business, you should inquire about the mandatory deposit. The deposit may vary based on the rental company and sometimes, 오피 even between apartment complexes. You should always read the contract thoroughly before signing it since some companies may impose stricter rules on how much cash you will need to deposit.
Accommodations: When living in a different country for quite 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 certain that you have sufficient funds to support yourself for a month or two while you study in Seoul. A monthly budget is advisable since this can allow you to avoid having any financial difficulty when adjusting to the new culture. You may ask your friends or colleagues if they have any apartments they may want to rent so you will have some idea on where to look for a place to stay when in Seoul.
Jeonse System: Many people who rent an apartment in Seoul utilize the Jeonsee system. This system resembles the Euro pockets system where the apartment owners to deposit a certain amount of the monthly earnings into a special bank accounts. Then they use this money as the key key money for their flat. 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 make sure the money has been deposited. If your landlord doesn't provide any income, you should consider finding a home to rent rather than paying rent with your key money.
Apartments in Seoul are supplied by major international and domestic apartment buildings as well as property management companies. The rates for apartments are usually higher than those in metropolitan cities but they are still cheaper compared to other developed countries such as the US and UK. You can easily get an apartment that you rent in Seoul without needing to worry about its own location, cost of utilities or the standard of the building.
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