Real Estate in Busan, Korea
Last updated on Jul 16, 2023
Summary: People living in Busan, Korea offer advice about real estate. How do you find a home in Busan? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Busan?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Busan involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small studio apartment to a larger family home. Next, you should research the different neighborhoods in Busan to find one that suits your lifestyle and needs. Some popular areas for expats include Haeundae, Seomyeon, and Gwangalli. Consider factors such as proximity to work or school, access to public transportation, and the presence of amenities such as shops, restaurants, and parks. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for apartments and houses in Busan, such as Craigslist, Zillow, and Airbnb for short-term rentals. Another option is to work with a real estate agent. They can help you navigate the local market, arrange viewings, and negotiate with landlords. You can find English-speaking agents through expat forums or recommendations from friends or colleagues. When you find a place you like, you'll need to sign a lease. In Korea, it's common to pay a large deposit (known as key money) and then relatively low monthly rent. Make sure you understand all the terms of the lease before signing. Finally, before moving in, you should check the condition of the property and ensure that all utilities are set up. It's also a good idea to familiarize yourself with the rules and regulations of your new building or neighborhood," explained one person living in Busan, Korea.
Connect
Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
Click connect to have our partner contact you via e-mail and/or phone.
Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
What is a typical expat home or apartment like in Busan?
Please login to continue reading this article.
Not a member? Join Today (it's free).
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Other Questions:
- What should I pack when moving to Busan?
- Where should I setup a bank account in Busan?
- Will I be able to find a job in Busan?
- What is life like as an expat in your area?
- What do expats in Busan appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Busan?
- Is there a lot of diversity? Are people in Busan accepting of differences?
- What are the schools in Busan like?
- How are healthcare services in Busan?
- What are medical services in Busan like?
- Are healthcare and health insurance expensive in Busan?
- What are emergency services like in Busan?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Busan?
- How are local medical facilities in Busan?
- As a foreigner living in Busan, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?