Find a home in Seoul
Seoul, South Korea's capital city is a perfect blend of high-tech modern technology and ancient architecture, intermingled with street markets and gorgeous temples and palaces. If you're a fan of a blend of ancient and hyper-modern, then Seoul is the city for you. Naturally, there are always things you need to know before you choose to move to a new city, so that's what we'll be talking about today: how to find a home in Seoul!
Seoul, South Korea’s capital city is a perfect blend of high-tech modern technology and ancient architecture, intermingled with street markets and gorgeous temples and palaces. If you’re a fan of a blend of ancient and hyper-modern, then Seoul is the city for you. Naturally, there are always things you need to know before you choose to move to a new city, so that’s what we’ll be talking about today: how to find a home in Seoul!
How to find a home in Seoul
No matter what area you’d like to live in, there are always a few things you can do to help ensure that you’re getting the best property for you, for your budget, and for your needs. These things are:
- doing local research and deciding which specific area you’d like to live in. Seoul has many different districts, so be sure you narrow down your choice to a particular area.
- make sure you can afford the property you choose. You can check costs by signing up to this website. It is all in Korean, but learning the language prior to moving is always a good idea!
- be prepared to compromise on what you want from your property, but be sure to decide on the things you are not prepared to compromise on ahead of time.
Looking into local rental types
Did you know that there is actually a way to stay in your apartment without paying rent every month? This is known as the jeonse system. This involves putting down an enormous security deposit on the property, which then allows you to stay in the property rent free for the duration of your tenancy. This system can save you money in the long run, but you have to have a lot of cash on hand to begin with.
If you don’t have that kind of money to hand, then you’ll be opting for the wolse system, which does involve monthly rent on top of a smaller (but still sizeable) security deposit. Unfortunately, security deposits for properties in Seoul are very high, but by negotiating with your Landlord to pay a higher security deposit, you might be able to secure lower a lower monthly rent price.
Take advantage of local knowledge to find a great property
Housingseoul.com is a great local resource which lists properties from local Landlords and property management companies which are available to rent. Alongside this, their website is full of advice with regards to your budget, property requirements and the area you would like to live in.
Never forget how important local knowledge is in your property search, and be sure to take advantage of it to ensure you’re getting the best housing arrangement possible.
Real estate, redefined
Is Seoul in South Korea the city of your dreams? If so, then Domobase can connect you with the finest local Real Estate Agents and Landlords with fantastic property portfolios to help you find the perfect home in a city that you’d love to live in! All you need to do is download our app, link up your social media profile and fill in a few simple details. After this, we’ll pass your details on to up to three industry experts, and they’ll give you a call within a few days.