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Real Estate in Gangneung, Korea

By Betsy Burlingame

Last updated on May 02, 2023

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

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How do I find a place to live in Gangneung?

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

"Finding a place to live in Gangneung 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 Gangneung to find one that suits your lifestyle and needs. Some areas might be closer to work or school, while others might offer more recreational activities or a quieter environment. 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 Gangneung, such as Zigbang, Naver Real Estate, and DaBang. These websites are in Korean, so if you're not fluent, 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 the lease agreement. Make sure to choose an agent who is familiar with the Gangneung area and has a good reputation. When you find a place you're interested in, arrange a viewing to see it in person. Check the condition of the property, ask about any additional fees, and try to get a feel for the neighborhood. Once you've found the perfect place, you'll need to sign a lease agreement. In Korea, this usually involves paying a large deposit (known as "key money") and monthly rent. Make sure to read the contract carefully and ask any questions you might have before signing. Finally, once the lease is signed, you can move into your new home in Gangneung. Remember to set up utilities, such as electricity and internet, and familiarize yourself with the local amenities, such as grocery stores, restaurants, and public transportation," said one person in Gangneung.

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

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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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