Finding An Apartment When In Seoul
Many foreigners come to South Korea to appreciate its amazing lifestyle. This includes spending their holidays 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 could 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 largely on the place. 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 flats are one-room dwellings that normally come with one or two 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 apartments might be cheaper as they're generally 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 apartment in Seoul is also famous for its high safety profile and low crime rate.
Villas: A relatively new kind of apartment buildings, villas offer more space than studio flats and are usually considered more luxurious. If you want to rent a villa in Seoul, then be sure to find one that offers good amenities such as a swimming pool, game room and so forth. Some villas even provide security and other convenience packages. As a result of growing demand for these kinds of villas, prices have become rather expensive also.
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 company, you should ask them about the required deposit. The deposit may vary based on the rental company and oo오피 sometimes, even between apartment complexes. You must always read the contract thoroughly before signing it since some businesses may impose stricter rules about how much cash you will need to deposit.
Accommodations: When living in another country for quite a long time, it might become difficult to adjust to the culture. This may lead to problems with your apartment complex. Before you decide to rent a location, be 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 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 might 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 apartment owners to deposit a certain amount of their 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 which you can use to cover your rent. They simply check your account once in a month to make sure that the money has been deposited. If your landlord doesn't provide any income, you should consider finding a home to rent instead of 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 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 quality of the building.
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