apartment hunting in gangnam, seoul 🇰🇷 (prices, what it looks like, the process)

hi! in this video i'll be giving a tour of apartments in gangnam, seoul 🇰🇷 the places i show in this video are called "officetels" which are like studio apartments in korea.

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한국어 자막 있어요 :)

here is a breakdown of the housing process in korea:
- you can use different housing apps like zigbang or dabang to look for places & contact realtors through there. you make an appointment with the realtor and go look at places together
- korea's housing system requires a key money deposit. for one-year officetel contracts, it usually starts from $10,000 and the more you increase your key money deposit ($20k, $50k, etc.), the cheaper your monthly rent becomes -- this may differ depending on your house owner, but for example:
    * $10k key money = $900 monthly rent
    * $30k key money = $850 monthly rent
    * $50k key money = $800 monthly rent
- there's a system called "jeonse" and it's a two-year contract in which you put down a key deposit of $100k+ (the places shown in this video have a key deposit of $270k+) and you don't pay monthly rent
- once you sign the contract, you have to pay realtor fees and set your move-in date

♪
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Видео apartment hunting in gangnam, seoul 🇰🇷 (prices, what it looks like, the process) канала Kieun Choi