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 opt to rent an apartment by the day. This way, they can experience a more authentic lifestyle while still making a nice 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 mostly on the place. The bigger the city, the pricier the apartments and the more expensive the costs will be. To get a better idea on 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. Because of their small size, studio flats are often located far from tourist destinations or other areas where tourists might want to visit. In contrast to villas, studio apartments might be cheaper as they are usually rented by the day. They are ideal for students that are short on money but still need a place to live. Other than being an ideal place to call home, a studio flat in Seoul is also famous for its high safety profile and low crime rate.
Villas: A relatively new form of apartment buildings, villas provide more space than studio flats and are generally considered more luxurious. If you want to rent a villa in Seoul, then make certain to find one that offers good amenities such as a swimming pool, game room and so forth. Some villas even offer security and other convenience packages. Due to the growing demand for these types of villas, prices have become rather expensive also.
Deposit: A significant factor when renting an apartment or staying at a villa in Korea is the cost of rent. Prior 오피가이드 to signing any agreement with a rental business, you should inquire about the required deposit. The deposit may vary based on the rental company and sometimes, even between apartment complexes. You should always read the contract thoroughly before signing it since some companies might impose stricter rules on how much money you will need to deposit.
Accommodations: When living in a different country for a long time, it may become difficult to adapt to the culture. This may lead to problems with your apartment complex. Before you choose to rent a place, make certain you have sufficient funds to support yourself for a month or two while you study in Seoul. A monthly budget is advisable since this will help you avoid having any financial difficulty when adjusting to the new culture. You may ask your friends or colleagues if they have any flats they may want to rent so that 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 is similar to the Euro pockets system in which the flat owners to deposit a certain amount of their monthly earnings into a special bank accounts. Then they use this money as the key key money for their apartment. Some landlords also offer a weekly or monthly income that you can use to pay for your rent. They just check your account once a month to make sure that the money was deposited. If your landlord doesn't provide any income, you should consider finding a house to rent instead of paying rent with your key money.
Apartments in Seoul are supplied by major international and national apartment buildings in addition to property management companies. The rates for flats are usually higher than those in metropolitan cities but they are still cheaper in comparison to other developed countries such as the US and UK. You can easily get an apartment that you rent in Seoul without having to worry about its location, cost of utilities or the standard of the building.
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