Overview
- If you are looking for accommodation outside of campus,
please consider which type of lease first as you can find it interesting to know there's a specific format of the lease in Korea.
Type of lease
- Key money deposit(전세): paying a full deposit upfront for a lease contract for at least two years,
which is refundable when the contract is finished. No payment of monthly rent.
- Monthly rent(월세): paying a contracted rent monthly with a refundable deposit. A contract is made for one or two years.
- When you decide which type of lease and the location you'd like to live in, you should contact a real estate agent to introduce houses available.
Real Estate Agents
- Real estate agents are densely throughout the country.
- They mainly act as a mediator between the property owner and the renter/buyer.
- It would be better if you work with more than one agent in the same area as each will show you different places.
- Even if you go to the same place, the rental cost could be different.
List of Global Real Estate Acquisition
- Ulsan Metropolitan Government designates and operates the global real estate agencies
for the convenience of foreign residents related to the transaction on of real estate.