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Real Estate in Sokcho, Korea

By Betsy Burlingame

Last updated on Jul 04, 2023

Summary: People living in Sokcho, Korea offer advice about real estate. How do you find a home in Sokcho? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Sokcho?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Sokcho 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 apartment to a larger house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Sokcho to find one that suits your lifestyle and preferences. Some areas might be closer to the city center, while others might be more residential and quiet. Consider factors like proximity to work or school, access to public transportation, and the presence of amenities like shops and restaurants. 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 rentals in Sokcho, such as Zigbang, Naver Real Estate, and DaBang. These websites are in Korean, so if you're not fluent in the language, you might need to use a translation tool or ask a Korean-speaking friend for help. You can also hire a real estate agent to assist you in your search. They can help you navigate the local real estate market, arrange viewings, and negotiate with landlords. Make sure to choose an agent who is familiar with the Sokcho area and has a good reputation. Once you've found a place you like, you'll need to sign a lease. In Korea, this usually involves paying a large deposit (known as "key money") and monthly rent. Make sure to read the lease carefully and understand all the terms before signing. If possible, have a Korean-speaking friend or a lawyer review the contract to ensure there are no unfavorable terms. Finally, before moving in, you should inspect the property thoroughly to check for any damages or issues. If you find any, report them to the landlord immediately to avoid being held responsible for them later on," explained one expat living in Sokcho, Korea.

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What is a typical expat home or apartment like in Sokcho?

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About the Author

Betsy Burlingame 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.

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