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 opt to rent an apartment by the day. This way, they could experience a more authentic lifestyle while still making a decent quantity 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 cost of apartment rentals in Seoul depends mostly on the place. 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 apartments are one-room dwellings that usually 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 may want to go to. Compared to villas, studio apartments might be cheaper as they are generally rented by the day. They are best for students that are short on cash but still need a place to live. Other than 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 form of apartment buildings, villas offer more space than studio apartments and are usually considered more luxurious. If you would like to rent a villa in Seoul, make 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 대구op 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 cost of rent. Before you sign any agreement with a rental company, you should ask them about the required deposit. The deposit may vary based 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 about 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 sure 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 help you 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 start looking for somewhere 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 where the flat owners to deposit a certain amount of the monthly earnings into a special bank accounts. They then use this money as the key key money for their flat. Some landlords also offer a weekly or monthly income that you can use to pay for your rent. They just check your account once in a month to make sure that the money was deposited. If your landlord doesn't provide any income, you should consider finding a home to rent rather than paying rent with your key cash.
Apartments in Seoul are provided by major international and 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 in comparison to other developed countries such as the US and UK. It is easy to get an apartment that you rent in Seoul without needing to worry about its location, cost of utilities or the quality of the building.
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