Real Estate in Geoje, Korea
Last updated on Feb 13, 2023
Summary: People living in Geoje, Korea offer advice about real estate. How do you find a home in Geoje? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Geoje?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Geoje involves several steps. First, you need to determine your budget and the type of accommodation you want. This could range from a small studio apartment to a larger family home. Next, you should research the different neighborhoods in Geoje. Some popular areas include Okpo-dong, known for its expat community and proximity to shipbuilding companies, and Gohyeon-dong, the city center with plenty of shops and restaurants. Once you have an idea of where you'd like to live, you can start looking for available properties. There are several online platforms where you can find listings, such as Craigslist, Airbnb for short-term rentals, and various Facebook groups like "Geoje Foreign Residents Information". You can also use a real estate agent, known as a "budongsan" in Korea. They can help you navigate the local property market, negotiate with landlords, and understand the rental contract, which will likely be in Korean. When you find a place you like, you'll need to pay a deposit, known as "key money", and possibly also a few months' rent in advance. The amount of key money can vary widely, from a few million won to over a hundred million won, depending on the property. Finally, before signing the contract, make sure to check the condition of the property thoroughly. Look for any signs of damage or wear and tear, and ensure all appliances are in working order. Remember, it's important to take your time and not rush the process. Finding the right place to live can greatly enhance your experience in Geoje," remarked one member in Geoje.
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 Geoje?
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.