Many foreigners come to South Korea to appreciate its amazing lifestyle. This includes spending their holidays in one of its many world class hotels, like 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 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 name would imply, studio flats are one-room dwellings that usually 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 might want to go to. In contrast to villas, studio apartments might be cheaper as they're usually rented by the day. They are ideal for students that are short on cash but still need a place to live. Other than being an ideal place to live, a studio flat 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 apartments and are generally considered more luxurious. If you want to rent a villa in Seoul, make certain that you find one which offers good amenities like a swimming pool, game room and so forth. Some villas even provide 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 element when renting an apartment or staying at a villa in Korea is the price of rent. Prior to signing any agreement with a rental business, you should inquire about the mandatory 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 money you will need to deposit.
Accommodations: When living in another country for quite a long time, it might become difficult to adapt to the culture. This may lead to problems with your apartment complex. Before you decide to rent a location, be sure that you have enough funds to support yourself for a month or
오피출장 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 start looking for somewhere to stay when in Seoul.
Jeonse System: Most 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 their monthly earnings into a special bank account. They then use this money as the key key money for their flat. Some landlords also provide a weekly or monthly income that you can use to cover your rent. They just check your account once in a month to be certain the money has been deposited. If your landlord does not provide any income, you should consider finding a home to rent instead of paying rent with your key money.
Apartments in Seoul are provided 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 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 standard of the building.
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