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2.  In South Korea, a officetel (Korean: iced mud), is essentially a multi-use structure with both residential and business flats. This is really a type of studio apartment or a very small studio flat. Typically, an officetel is going to be made for a semi-self-contained construction, so its occupants can still reside and operate within the exact same complex, reducing travel time for everyone. But many people decide to have their offices located in such buildings because the property has a tasteful and professional design, giving it a much more sophisticated feel than other studio flats. And of course, the flats are usually more broad and cost-effective compared to other studio options.
3.  These buildings have become quite popular over the past couple of years and were built as commercial and residential areas mainly in commercial facilities like Seoul and Busan. But, they're also becoming a popular choice in major cities like Tokyo, Hong Kong, and Macau. Oftentimes, their main function is as a temporary shelter for tourists throughout their stay in a town, although some may be utilized as an office area by owners that want to minimize their costs. Oftentimes, people who use them as holiday villas prefer to lease them as studio apartments, since they can save on rent in comparison to a hotel room. But, there are also a great deal of individuals who use them as a part-time residence, renting them out as vacation homes, or even with them as a mini business center, making a nice profit.
4.  What exactly makes an officetel a good selection for you? To start with, it has the most flexible terms and conditions as compared to other flat buildings in Seoul. In other words, you do not have to worry about making a lot of modifications in order to fit your personal requirements. You will also not have to worry about compatibility with other local institutions in your favorite area. Since these flats are located in highly-populated and business places, you will see that most of your concerns will be addressed from the administration and management regarding how your property will soon fit in the area and the requirements of your intended use.
5.  Secondly, you can enjoy great deals in your pricing for an officetel apartment. Considering that the market has gotten quite aggressive, the cost of living in Seoul has become one of the lowest in the world, meaning that you could avail of the best deals in the actual estate marketplace. With the current financial crisis, a great deal of people are forced to rethink their choices and also make some sacrifices so as to save money.
6.  In addition to this, the demand for these sorts of apartments is extremely high, as they're favored by the younger generation and also from people who are looking for a permanent home. Another reason why there's such a demand for these kinds of units is since these complexes comprise entirely modern amenities. https://bbibbiop.com/seongnam/ The majority of the complexes in Korea are completely new buildings or they're remodeled and upgraded to meet the criteria we expect from contemporary properties. Additionally, the place of those buildings is also quite advantageous, since you will find them easily accessible by most of the regional streets. The majority of the old buildings can be found in the outskirts of important commercial centers, making it very convenient for residents to access the necessities of existence.
7.  A third reason you should consider getting an officetel apartment would be the broad range of services which are made available by the direction. These units are handled by a number of different departments, including a government and a construction section. The industrial components offered with these complexes are best for corporate headquarters and for use as residential areas. Many businesses need a considerable amount of space in order to operate properly. By investing in these contemporary and weatherproof residential complexes, you'll be able to fulfill all the requirements of your company without having to worry about space.
8.  The prices of those apartments will be slightly higher than those of single-family houses, but they will be a lot more affordable than the high price of conventional apartments. If you're thinking about renting one of those officetel condos, you must be aware that the rent that you pay for these units is set by the home management, along with the monthly rent does not increase unless the management approves it. This means you will always pay a set monthly fee for as long as you have the flat. Unlike personal apartments, you do not have the choice of negotiating your monthly lease with the owner in most cases, so you will have to take the first rate unless you're prepared to negotiate some changes.
9.  You will also be asked to pay a particular fee to secure your flat, which is typically no more than 10% of their general monthly rent. Many Korean residential places require that you pay a deposit before you will receive any type of security deposit, and such deposits can usually be used towards paying off your monthly lease in a number of instances. It is generally advisable to avoid making a deposit on your apartment in a country like Korea where crime levels and property damages are extremely significant.
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