Real Estate in Mokpo, Korea

"Finding a place to live in Mokpo, involves several steps. First, you need to decide on the type of accommodation you want. This could be a studio apartment, a one-bedroom apartment, or a shared house. Next, you should determine your budget. Keep in mind that in Korea, you will often be asked for a large deposit, known as "key money," which can be as much as 50-80% of the total rent for the duration of your lease. 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 in Mokpo, such as Naver Real Estate, Zigbang, and Dabang. These websites are in Korean, so you might need to use a translation tool or ask a Korean-speaking friend for help. You can also hire a real estate agent, known as a "budongsan," to help you find a place. They will show you available properties that match your criteria and assist you with the leasing process. When you find a place you like, you'll need to negotiate the terms of the lease with the landlord. This will include the rent, the duration of the lease, and the amount of key money you'll need to pay upfront. Finally, once you've signed the lease, you'll need to set up utilities and internet service. You can do this by contacting the local utility companies and internet service providers. Remember, it's important to thoroughly inspect the property before signing the lease. Look for any signs of damage or disrepair, and make sure to ask about any additional fees or charges," said one expat who made the move to Mokpo.