Many foreigners come to South Korea to enjoy its awesome lifestyle. This includes spending their holidays in one of its many world class hotels, like the prestigious Samsung World. However, tourists usually opt to rent an apartment by the day. By doing this, they can experience a more authentic lifestyle while still making a nice quantity of savings. Notice: 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 flats and the more expensive the costs 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 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 visit. Compared to villas, studio flats might be cheaper as they’re usually rented by the day. They are best for students who are short on cash but still need somewhere to live. Other than being an ideal place to call home, 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 provide more space than studio apartments and are generally considered more luxurious. If you want to rent a villa in Seoul, then be certain to find one that offers good amenities like 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 are now rather expensive also.
Deposit: A significant factor when renting an apartment or staying at a villa in Korea is the cost of rent. Before you sign any agreement with a rental company, you should inquire about the required deposit. The deposit may vary depending on the rental company and from time to time, even between apartment complexes. You must always read the contract thoroughly before signing it since some businesses 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, 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 will allow you to avoid having any financial difficulty when adjusting to the new culture. You may ask your friends or 천안오피 colleagues if they have any apartments they might want to rent so that you will have some idea on where to look for somewhere to stay when in Seoul.
Jeonse System: Most people who rent an apartment in Seoul use the Jeonsee system. This system resembles 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 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 the money has been deposited. If your landlord does not provide any income, you should consider finding a house to rent rather than paying rent with your key money.
Apartments in Seoul are provided by major international and domestic 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 in comparison to other developed countries such as the US and UK. It is easy to get an apartment for you to rent in Seoul without having to worry about its location, cost of utilities or the quality of the building.
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