Finding An Apartment When In Seoul
Many foreigners come to South Korea to enjoy 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 primarily focused on furnished apartments in Seoul, but could be applicable to privately owned apartments elsewhere in Korea.
The cost of apartment rentals in Seoul depends largely 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 title would imply, studio flats are one-room dwellings that normally come with a couple of bedrooms. Due to their small size, studio apartments are often located far from tourist destinations or other areas where tourists may want to go to. In contrast to villas, studio flats may be cheaper as they are generally rented by the day. They are best for students who are short on money but still need somewhere to live. Apart from being an ideal place to live, a studio apartment in Seoul is also famous for its high safety profile and low crime rate.
Villas: 오피가이드 A relatively new kind of apartment buildings, villas provide more space than studio flats and are generally considered more luxurious. If you would like to rent a villa in Seoul, be certain that you find one which offers good amenities like 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 are now rather expensive as well.
Deposit: A significant factor when renting an apartment or staying in a villa in Korea is the price of rent. Prior to signing any agreement with a leasing company, you should inquire about the required deposit. The deposit may vary depending on the rental company and sometimes, even between apartment complexes. You must always read the contract thoroughly before signing it since some companies might impose stricter rules on how much cash you will need to deposit.
Accommodations: When living in another country for a long time, it may become difficult to adapt to the culture. This might lead to problems with your apartment complex. Before you decide to rent a location, be certain 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 allow you to avoid having any financial difficulty when adjusting to the new culture. You can 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: Most people who rent an apartment in Seoul use the Jeonsee system. This system is similar to the Euro pockets system where the flat owners to deposit a certain amount of the monthly earnings into a special bank account. They then use this money as the main key money for their flat. Some landlords also provide a weekly or monthly income that you can use to pay for your rent. They simply check your account once in a month to be certain the money has been deposited. If your landlord doesn't provide any income, you should think about finding a home to rent instead of paying rent with your key cash.
Apartments in Seoul are supplied by major international and national apartment buildings in addition to property management companies. The rates for apartments 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 needing to worry about its location, cost of utilities or the standard of the building.
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