Was ist Officetel (오피스텔)?

An officetel ('office' + 'hotel') is a compact, fully-serviced studio or one-bedroom unit registered for both residential and business use. They are central, often furnished and move-in ready, and the easiest entry point to the Seoul market for foreigners.

Officetels are plentiful near transit and commonly rented furnished, but they carry a higher 관리비 and less space than apartments. How a unit is registered (home vs business) affects its tax treatment.