Real Estate in Gyeongju, Korea

"Finding a place to live in Gyeongju 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 different neighborhoods in Gyeongju to find an area that suits your lifestyle and needs. Consider factors such as proximity to work or school, access to public transportation, and the availability 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 rental properties in Gyeongju, such as Zigbang, Naver Real Estate, and Craigslist Seoul. These websites allow you to filter listings based on your criteria and view photos and details of the properties. Another option is to work with a real estate agent. An agent can help you navigate the local rental market, arrange viewings, and negotiate with landlords. You can find real estate agencies in Gyeongju through an online search or by asking for recommendations from locals or expat communities. Once you've found a property you're interested in, you'll need to arrange a viewing. This is an important step to check the condition of the property and ask any questions you may have. If you decide to proceed with a rental, you'll need to negotiate the terms of the lease and pay a deposit. In Korea, it's common to pay a large deposit (known as "key money") and lower monthly rent. Finally, before moving in, you should ensure that all utilities are set up and that you understand how to pay your bills. You may also need to arrange for internet and TV services if they're not included in your rent. Remember, finding a place to live can take time, so it's a good idea to start your search well in advance of your move to Gyeongju," remarked one foreigner who made the move to Gyeongju.

"A typical expat home or apartment in Gyeongju, is usually a modern, high-rise apartment building located in the city center. These apartments are often fully furnished with contemporary furniture and appliances, including a refrigerator, washing machine, and air conditioning. The living room is usually spacious with a dining area, and the kitchen is typically equipped with a stove and ample storage space. Bedrooms are often carpeted and come with built-in wardrobes. Most apartments have large windows that allow plenty of natural light and offer stunning views of the city or nearby mountains. Some apartments may also have a small balcony. The bathrooms are usually tiled and come with a shower and a modern toilet. In terms of amenities, many apartment buildings in Gyeongju offer facilities such as a gym, a communal garden, and sometimes even a swimming pool. Security is typically high, with key card access and 24-hour security guards. The location of these apartments is also a key feature, with many being close to public transportation, supermarkets, restaurants, and schools. Despite being in the city center, the neighborhoods are usually quiet and safe. While the style and size of the apartments can vary, the overall standard of living for expats in Gyeongju is generally high. The city offers a blend of modern conveniences and rich cultural experiences, making it an attractive place for foreigners to live," said one expat in Gyeongju.

"The average cost of housing in Gyeongju can vary greatly depending on the type and location of the property. For instance, a one-bedroom apartment in the city center may cost around $400 per month, while the same type of apartment outside the city center may cost around $300 per month. If you're looking to buy property, the average price per square meter in the city center can be around $3,000, while outside the city center it can be around $1,500. However, these prices can fluctuate based on market conditions and other factors," said one person in Gyeongju.

"The decision to buy or rent a home in Gyeongju, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Gyeongju for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in Gyeongju for a long time. Renting offers more flexibility, as you can move without the hassle of selling a property. It also doesn't require a large upfront cost like a down payment, and the landlord is typically responsible for maintenance and repairs. Consider the cost of living, the real estate market, and your lifestyle preferences when making your decision. It's also advisable to consult with a real estate professional or financial advisor to help guide your decision," said one person in Gyeongju.