$550 HUGE KOREAN APARTMENT TOUR | Gyeonggido, Korea

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so excited to finally show you around my apartment here in Gyeonggido!🌿💞
This apartment is brand new and has 4 bedrooms and 2 bathrooms 😍 However, we only pay about $550 USD per month because it's not a rental apt (Wolse), it's a Jeonse Apt! Jeonse is a type of large bank loan for housing that is very unique to Korea. We pay $550 to the bank each month instead of paying the apartment owner. It's a win-win situation because the apartment owner re-invests the money from our deposit (from the bank loan) to make a profit. A win for us because we pay WAY less per month than if we were renting this apt. Also, we'll get all of the money back that we are paying on the loan when we move out wtf 🤯 I know it sounds too good to be true lol but this video below explains how Jeonse works:
Explanation of Jeonse vs Renting (Pros and Cons)- • 2 ways of Real Estate ...
The deposit (percentage of the apt's jeonse price) you have to put down to get the loan depends on many different factors including: which bank you go to, your income, age and marital status, etc. So in order to not make things too long/complicated, I didn't go into depth in the video. But for anyone curious, we personally had to put down 10% of the apt's jeonse price (2.8억) as a deposit that we will get back in full when we move. 10% of the apt's jeonse price was approx $24,600 USD so that is how much of a deposit we put down and the bank covered the rest. The key money deposit for our last apt in Seoul was about $20,000 USD so we just transferred that over and had to come up with about $5k more from our savings to cover the %10. We pay approx $550 to the bank each month towards the loan 👍
hope u enjoyed today's video 🥰🥰🥰
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Опубликовано:

17 июн 2021

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Комментарии : 902

@rachelheheh 3 года назад

thank you for joining me for my new apt tour here in Gyeonggido! 💗This place truly feels like a mansion compared to the other apts i've had in Seoul over the years lol thank u jeonse loan system 🙏

@urlhoney 3 года назад

Please do a video on the loan system, I’m nosy🥴

@Rose-oo9gn 3 года назад

When are you two getting married???

@tuscanyhealy3020 3 года назад

If it's not too rude to ask, did you have to prepare a large deposit for the Jeonse loan? ^ ^ It seems like a great system, since the monthly rent amount is so low!

@kundaigogoma9420 3 года назад

@@urlhoney she did a video before check her description

@kundaigogoma9420 3 года назад

@@Rose-oo9gn so nosy delete this please it's as rude as asking when someone is gonna have kids, etc

@YOHOMEGIRL 3 года назад

Guurl!! I did not know you were living in Inspector Gadget's house like zaamn!!! 😆 I still gotta come ova for that bath tub tho 🛁😏

@violetfelder3551 2 года назад

the horrible use of black lingo is very strong here :(

@tashuaryan2214 2 года назад

@@violetfelder3551 i am confused what's happening here

@okoinoo9177 Год назад

Now why would you say that✊🏾✊🏾

@letiqll Год назад

Tf is yall on abt? Let her stay?? Did we invent every word now? She’s not even saying anything offensive???

@okoinoo9177 Год назад

@@letiqll your prob yt sthu respectful

@franklinthewoman 3 года назад

This new place is huge!! It’s so interesting how much more space you get if you just go a bit outside of a major city. I live in Osaka but not directly in the city and we have a whole house

@usagination 3 года назад

Wow that sounds like a dream 😆

@imnotsurewhy 3 года назад

$500 a month is super cheap!! Here in NYC, I can get a room for $900 with two other roommates. We all pay $2700 a month and we don't even have a washing machine and our kitchen is so tiny.

@19jeeties64 3 года назад

Your first mistake was nyc 😂

@imnotsurewhy 3 года назад

@@19jeeties64 my first mistake was being born here 😂😭

@gabylessthan3 3 года назад

The down payments or deposits can be up to like $20k tho so you pay that upfront and have cheap rent

@tucate3901 3 года назад

Move out to the suburbs, or is the entire county that expensive? or out of the state, both the Giants and the Jets suck anyway lol

@ytn00b3 3 года назад

This apt isn't in city CBD

@blueberrystuss8 3 года назад

I love the modernist of this house and the fact that's it's close to the mountains, it's gives a good vibes to it's surroundings and to the residents

@aspiresamori9696 3 года назад

Mountain are everywhere in Korea. Well at least you can see from everywhere no matter where you are at. Hahaha

@NatzTalk Год назад

Exactly where I wanna live

@roxane260 3 года назад

The sheer fact that i could afford this is making my whole life spiral

@batmanlikespizza2541 2 года назад

Same

@thecollector5243 2 года назад

Don't let the rent fool you - usually the deposit is enormous: $15.000 is considered to be on the cheaper end. Of couse, you get it back when you move but you still have to come up with it first.

@gaia4452 2 года назад

@@thecollector5243 if the landlord find damage to the apartment, deposit that big could be lost, right? Sorry i've never lived in apartments

@rotanux 2 года назад

@@gaia4452 yeah

@user-gz4dw8bm5r 2 года назад

@@thecollector5243 yeah $15k that’s too much risk for me to take to move there lol.

@emilieb.1929 3 года назад

“Turn off all the lights button” that blew my European mind away 😆

@lipglass 3 года назад

this is suuuch a nice apartment i mean what more could you ask for? i hope you live happily here 🌷

@rachelheheh 3 года назад

Definitely have everything I could ever need and more 😌 thank u babe 💕

@TheSapphire21onyx 2 года назад

@@rachelheheh where did you get the mini sofa it’s so cuteeee

@laylawilson1379 Год назад

@@rachelheheh where is the couch from in your office

@krissylalla9736 Год назад

That 550 usd

@cameronl1664 3 года назад

Moving to Gyeonggi-do is honestly the best decision we’ve ever made 🤐 it’s so quiet and peaceful

@dorineumeier1075 3 года назад

How far is your location to Seoul National University? My daughter is on a waiting list, so we are now looking for places to rent.

@arianalovetere3697 3 года назад

@@dorineumeier1075 its around three hours by train!!

@madduxly3228 2 года назад

@@arianalovetere3697 It depends on the locations. Gyeonggi-do is much huger than Seoul. If you daughter lives in southern part of GG-D, she will take 1-2hours to get SNU. But if northern part, probably approx. 2hours or more?

@autumn399 11 месяцев назад

@@dorineumeier1075may i know how you can get into snu? Is it only for Koreans?

@gabs9322 3 года назад

pls make a video about apartments in korea and the jeonse loan system! I'm in love w your apartment i didn't know they could get so spacious for that amount of money 😭 how long will you be staying there? i noticed you mentioned moving when u said you might use your old ac for ur next apartment. id want to stay there for forever lol the views from your windows r so beautiful 🥺

@ella-wt7tc 3 года назад

woww its been nice watching you upgrade apartments over the years and im pleased to see how happy you are with this one!! wishing you and ur bf (and mickey) all the best!

@rachelheheh 3 года назад

thank you! yes, we've come a long way lol 😌💞

@mehchocolate1257 2 года назад

@@rachelheheh dear Seoul I'm a big weirdo 😂😂😂😂

@renee176 Год назад

@@rachelheheh mkqa Kp@

@caritomejia 3 года назад

That's such a huge improvement, living in the city is way to overvalued. Love the new place, it looks so cozy even being so big. Keep enjoying it ♡

@yunamchoi2788 3 года назад

2:32 that tray is for cellphone. you could lay your phone there while you are... on the toilet! lol it is a quite normal trend especially for new-built apartment or villa(non-apartment housing)

@creepycrawlie 3 года назад

having the ability to see how much electricity or water you're using is such a cool thing, i wish i had that in my apartment

@nothingiseverperfect 3 года назад

The fucking greenery out the window, the space, the smart use of storage and water and heating technology integration. The United States cannot even do this.

@KillerQueen_9 3 года назад

Right????? Technology in the US will never compare to Technology in Korea

@loveicecream9947 3 года назад

Does it matter, that’s a whole different country

@whatisilyionlyknowipurpleyou 2 года назад

Ikr. The temptation to move is incredible…

@baekdutiger631 2 года назад

USA has the best tech. FOR WAR THOUGH!!!! LOL

@TheBlueberryEffect 2 года назад

maybe you're just living in the wrong area? My apartment is pretty much similar to this except color scheme. I have an interactive touch screen that controls heating, lights, air, ect. I have 1015 sq feet and I'm paying around 725 per month. Pretty good seeing as I'm only 10min from my university.

@contant144 3 года назад

I DON'T KNOW WHY AND HOW THIS VIDEO IS MOTIVATING ME TO GET UP AND STUDY FOR MY FUTURE FINANCIAL CRAPS. LOL

@stephanief2566 3 года назад

Omg girlie I am so happy for you!! I lived in Korea for 2 years in a teeny flat and when I saw the walk in closet I actually smiled. Enjoy it babes you deserve it x

@blackbird2839 2 года назад

I would stay drunk if I was back in the n Korea

@keerthanamanoj7026 3 года назад

This is literally the best apartment I've ever seen.

@user-bi9yj2nf6f 2 года назад

It's just one of the ordinary apartments in South Korea, It's so noisy instead thanks to shabby construction.

@jaimeknoble3315 Год назад

Wow, what a stunning apartment! The price blows me away, I'd never heard of Jeonse before. The technology is insane to me, I wish that was the norm in the US. The views, the technology, the space and the calm is just outstanding. Super jealous here, ,lol

@Zzz-wg3cf 3 года назад

ALSO that foot tap for the sink! Omg GENUIS! 😮 I NEED!

@HayleyJay 3 года назад

Giiirl, you’re living the dream. Never felt so tempted to leave Seoul than I am watching this apartment tour 😍 And here I am only 4 months into my studio apartment contract 😅 been watching your apartment tours for years, you’ve been working your way up to this!! Enjoy it~

@fana6348 3 года назад

From all the youtubers who live in Korea, your apartment is def the most beautiful apartment, I have seen so far. You have such a good taste & you inspired me for some interior designs that I could use for my own room ^^. Thanks for sharing dear Rachel!!! 🥰🥰🥰 And pls keep up with posting videos, I love them!!!

@EZimt 3 года назад

This looks so amazing and peaceful! After this, I don't know why anyone would prefer to live in Seoul when you can be surrounded by nature like that and live comfortably with a lot of space, just a bit outside! I would love to see more videos about living in Gyeonggido, if you are up for it :)

@anri2728 Год назад

Probably bc a lot of stores nearby and their jobs too - its just convenient to be next to everything imo.

@leleprtk 3 года назад

That’s huge!!!!! The price is UNREAL!!!! So so so so worth it 😱😱😱😱 I still rmbr your first storytime (when the apartment guy knocked on your door in the middle of the night) and you showed pics of that apartment! WHAT A GLOWUP 💖

@sinnopal1 2 года назад

It is Jeonsae. The system where you deposit a huge sum. It is almost like partially buying the house. She said she spent almost $280,000 (USD) so that her monthly rent is $550. The whole thing is probably $400,000 to $500,000

@minchan3804 3 года назад

omg the wanted posters of the trash criminals had me dying laughing hahaha but I think its really cool they hold people accountable for recycling. we need to implement that in US

@stephanieg4350 3 года назад

I know right lol! The U.S. should we would be in a better condition if it was implemented.

@traciathome2621 3 года назад

I really wish the American government and people cared more about proper trash disposal and procedures. If they just educated the public about it even a little bit and if they actually had a decent model based off of countries like South Korea or Japan it would be so wonderful.

@ifyoudontlikemethenimabot7354 2 года назад

@@traciathome2621 yeh I usually just throw my trash wherever

@liagamer4265 2 года назад

@@ifyoudontlikemethenimabot7354 Dont do that, you can get fined a hefty amount and your just ruining the environment.

@stumpedii8639 2 года назад

$$1000.00 fine seems a bit stiff for tossing a coke can in the wrong bin.

@cafeleia 3 года назад

this place is niiice!! so happy for u ♡

@maya-me5xm 3 года назад

You are literally living my dream life. And also your apartment looks so cosy and comfortable I’m in love😍🔥

@nooramarja 2 года назад

This particular apartment's jeonse for this type is currently almost 450k USD. She got it for cheap because it's 1) lower floor 2) she was the first tenant and the house owner probably didn't have enough cash so they needed to get a tenant to move in to pay for the house payment. Because there are lots of house owners in need of tenants in newly finished apartment buildings, there are good bargains available. Really lucky find. The current asking selling price for this apartment is around 800k USD.

@ansley444 Год назад

$800,000???

@TessaNewberry 3 года назад

This is so fancy!!! Im so glad you guys get to live in such a nice place 💕

@a_boring_no_one 3 года назад

I'm so shook you're from Lousiana. Possibly the first vlogger from here I've ever seen! 🥺

@Bonecuddles_ 3 года назад

The window view from the winter was such a VIBE 💖

@Sharifa466 3 года назад

Congrats on the new place! It’s such a nice apartment 😍

@shalavlog 3 года назад

I’m obsessed with your apartment! 😍

@helenafranca99 3 года назад

i am so shocked at the price, because i've seen people pay 800$ or more in apartments in korea who are really jsut one bedrrom and a really small living room with a kitchen. you are luck to find this place

@Danny-be1ex 3 года назад

She favorited another comment where someone mentioned it’s great how much room you can get if you move outside the city so I assume she’s more in the countryside of Korea

@may7924 3 года назад

lmao location here is the biggest factor really.

@Kevin-sm8pn 3 года назад

It's space vs. location. A lot of people want to live in Seoul, and this person does not live in Seoul.

@rue_2pm75 3 года назад

The rent is cheap because the deposit is in the thousands

@lonnie4827 3 года назад

She probably put down $20k usd or more. Rent in Korea is directly correlated to deposit. You can even put the full price of the apartment down and be rent free.

@ciara4091 3 года назад

omg please show us around gyeonggido! would be lovely to see your new neighborhood and how it differs from central seoul🥰

@ivettemercado7259 3 года назад

Wow this apartment huge and absolutely gorgeous! Glad you've found such a nice place to make feel like home :)

@my-vn8nw 3 года назад

9:27 lmfao so crazy. That would never ever happen where I live 🤣 The apartament is so big, cozy and beautiful. It's what a queen like you deserves! So happy for you!!

@LilacsAdore 3 года назад

I also paid $500 for a 3 BR apartment in Korea and now pay $1450 for a 1 BR in the states. Sigh. Your place looks amazing! 😍

@WhatIsThis-zq4hk 2 года назад

gotta love zoning laws

@donutchoi 2 года назад

Yea but what was your deposit in Korea?

@gumerzambrano 2 года назад

$500 for a 3 bedroom????!!!!!

@WhatIsThis-zq4hk 2 года назад

@@gumerzambrano supply and demand. The U.S. should take notes.

@LilacsAdore 2 года назад

@@gumerzambrano 2 bedrooms and an office

@pov_dm_ Год назад

Your apartment is the coziest one I’ve ever seen and I love it💜💜💜✨✨✨

@weeabooby 2 года назад

oh my god this is my dream apt!!! best apt tour ive seen by far

@christinekim361 3 года назад

OMG! I love your apartment!! So happy for you.

@FloppasKameToMe 3 года назад

This was so good!! 🤍

@jpuuts5254 3 года назад

So glad you’ve been posting again 💕💕 much love to youu

@itttsssaaaaaaa8304 3 года назад

Congrats!!!! Excuse me while I binge watch your channel thus weekend ❤️

@AlekarinaMadrid 3 года назад

Omg, i found your channel because of your last apartment tour apá few days ago and now I watched this one and I’m impressed and so happy you have this much space now,p for being comfortable and creative in your own house. It is so nice! I hope I can find something similar in my country now I decided to move. XO

@sunnni_ 3 года назад

This place is so cute. All that space!! I hope I can find something atleast half of this size when I move there.

@ananyakaushik286 3 года назад

One of the best appartment tour video...I really love it

@taeefann 3 года назад

Aww I love your living room view of greenery and trees, its very relaxing 🍃

@Maislifestyle 3 года назад

Your apartment is so beautiful, especially with the way you decorated it! Love how simple and calming it looks.

@dansaeng4574 3 года назад

YOUR CAPTIONS IM CRYING. Congratulations though ! The space looks freaking amazing

@mamura5343 3 года назад

I LOVE THE VIEWS/TREES!!!! You have a beautiful apartment and view! Seems so relaxing ahhhhh thank you for sharing it with us!!! Congratulations! ^^

@emylemmyy2266 3 года назад

Omgg😍 I still remember your high floor apartment tour, which was super tiny but comfy❤️ happy to you!!!❤️❤️❤️❤️

@bluebearglory 3 года назад

So spacious and high-tech 😱😍 happy for you guys 😁👍

@saturdayswithnova785 Год назад

This is such a cool apartment I love it ✨

@gracegrace1819 2 года назад

Thank you so much for being transparent and writing details. You have helped me a lot! ❤️

@kamw.1026 3 года назад

Loving the new place mama! Upload soon I'm here for these vibes 🙌

@sihambh4435 2 года назад

Woaw I'm genuinely shook the space and storage the gadgets I live in Canada so even for canadian apts standards this is super cool and fancy and of course I saw alot of korean room/apt tours so I'm really happy for you it's a great achievement in life when we get to live in an apt or a house with space and storage and things like these that makes you feel comfortable and living a happy life.

@alannabirkla 2 года назад

Thanks for explaining the realistic side of Korea and housing loans in your description...I would have mentioned that more in your actual video though. People need to see the reality of housing here. It is CRAZY expansive most of the time. My husband and I have been saving for years (also while doing Jeonse) to actually buy an apartment here. Housing is NOT cheap.

@anastasia-tu9ns 4 месяца назад

This is sooo cheap and legit the coolest apartment i've ever seen omg😳😍

@SH-ok7ov 9 месяцев назад

This is so cute! U actually make me excited to be an adult 😭💗

@hiurprincss 3 года назад

Loveee it Rachel! Congratulations love I’m so happy for you! Omg if we ever move to Korea we might love to find something like your new place it’s lovely, you always giving the best tips in life ! Ily girl

@latinainluxury6185 3 года назад

I don’t mind not having a bathtub, but I draw the line at not having a dryer lol. I love placing my blankets in the dryer just so they can be warm.

@emilybaughman2339 3 года назад

I am shook lol this is huge and looks so peaceful and cozy!!

@anchalsingh3954 3 года назад

Her apartment is the best ,out of all the apartments I have seen ,this is really like my dream

@thehillsarealivewiththesou8293 3 года назад

Thanks for showing how to use the electronic stuff. We’ve been living in Korea two months but in a different city and your apartment is the the same as mine. One night I ended up calling the police from the main apartment.😂 We pay the rent on the different system here and ours is a few thousand dollars a month with the biggest deposit I’ve ever paid in any of the countries I’ve lived in. But we love the apartment it’s really cool. Thanks so much for teaching me how to turn all the light off when I go out. We’ve just been using the button by the front door after watching you.

@iution4668 2 года назад

this is such a nice apartment, if i ever moved out on my own i would hope to have a place like this

@annchee1329 2 года назад

Beautiful open space, lots of light and looking out into nature, is so awesome. So worth it with this spacious and gorgeous apartment. Enjoy🥰

@zeha.2868 3 года назад

omg! bestie you are on my dream life ;) stay safe and healthy!!! ILY!

@sallibyul4697 3 года назад

IM SO HAPPY FOR YOU!!! the apartment looks amazing. I hope you have an amazing time in Gyeonggido and i hope you both feel safe in your new place :')

@soljiki5565 3 года назад

Congratulations on the apartment! I can only imagine how complicated the process must have been (from what I've heard from my brother). But you guys did it! Incredibly happy for you and your SO 🥳

@OnlyBeingArye 3 года назад

This is beautiful! Thank you for the tour ♡

@CozyToni 2 года назад

Wow!! Your home is beautiful! ☺️ Thanks for sharing!!

@miabrown8836 3 года назад

Wow what a gorgeous apartment!!

@7466ypb 3 года назад

Hugging a walk-in closet is such a good mood. 🥰👍

@urlhoney 3 года назад

This apartment is literally so beautiful ahh 😍✨💕

@CallMeHabi 3 года назад

Your apartment looks amazing! Very happy for you. 🤗

@qwerty2322 3 года назад

your house is sooo gorgeous 😍 it has everything I dream to have in my apartment. an oven and bathtub are at the top of my list

@travel2heal777 3 года назад

Please make these type of videos more, I’m planning to move to Korea so it would be so helpful to find out about apartments, prices, food prices, living costs,....

@Kevin-sm8pn 3 года назад

It depends on what you want, what you're willing to sacrifice and what your lifestyle is.

@OrchidLaRouge Год назад

This is an absolutely beautiful apartment. And for that price too wow!

@MarijaDreams Год назад

Wow I love it! I should look into it! Was nice meeting you today 🥰

@peachylivi5180 3 года назад

this is such a beautiful apartment! thanks for the tour! 🌸💖

@quinoa32 3 года назад

@DearSeoul just found out your amazing vid & i must say i was in awe in every sense of the word! i cldn't believe you only pay $550 US & with 4 bdrms & 2 bthrms? this is just too good to be true! woah i've been to SK a few yrs ago & fell in love with that country & hv always wished i cld live there honestly! i'm just very impressed & am sorry to say but i suppose even in America i don't think i can find a place such as yours! look at those bathrooms with hi-tech stuff, you even have an option to see who's at the door, weather conditions, how many electricity or water usages etc! woah i think you're super lucky & btw how far is Geonggido to Seoul? thanks for sharing! :) loved your place so much!

@blissin444 3 года назад

i can not wait to visit korea to see if i wanna move there this video only makes me more excited.

@nnnarci 3 года назад

The way u talk is soo cute I'm crying 😭 girll ur a babyyy

@Ruccssy 3 года назад

I wouldn't move from there till I'll die :)))) love the apartment!!

@oceanstaiga5928 3 года назад

The price difference between gyeongi and Seoul is crazy :o

@MEplusEVERYTHING 3 года назад

Wow I love your apartment! It's probably one of the best I've seen so far. Please go more into details about the loan! ❤

@beautygruXO 3 года назад

Omg this was amazing!!

@88avocado 3 года назад

You have a beautiful place !!!...especially the kitchen 🤗

@Zzz-wg3cf 3 года назад

What a beautiful home! So PROUD of you and your partner and of course MICKEY!! 🐶 💜💜💜💜💜💜💜💜💜💜 Stay healthy

@Salso97 2 года назад

Omg amazing apt!!! Can’t stop being in awe 😃😃

@OkieDokiePinokie Год назад

This place is so huge. You both are very blessed. ❤

@totga2217 3 года назад

"Mickey is being so loud rn" Mickey (quiet): 👁👄👁

@beulaho Год назад

I can't imagine anything this affordable in England. I've only ever lived in London and I'm managing to save up as I continue living at home, but I'm now considering taking my savings abroad because this flat is easily affordable for me 🤧 The main downside is that I want to fully own a property one day, and I know that's essentially impossible in Korea 😂

@mysteriousnakamoto1370 Год назад

THAT IS LITERALLY LUXURY DARNN

@Yessugianto 3 года назад

Miss, I never saw (so far from what i watched in YT lol) Korean apartment has so many storage closet like yours! 😍 I do really like your apartment 🥰😘

@rensvh98 3 года назад

Imagine this, but in Seoul... I would literally never leave

@ODriscolls Год назад

I love everything about this apartment! I miss living in Korea the most when I can't just house down my bathroom haha. The view from your windows is so pleasant.