A combination of the two words “office” and “hotel,” an officetel is a unique type of building that combines both residential and office functionality in a single unit. Brought to popularity from South Korea, officetels are among the most popular choices for professionals, entrepreneurs, and students.

If you’ve ever wondered what they are or why they’re gaining traction, this article will break down exactly what officetels are, their benefits, and why you should consider one.

What is An Officetel?

Think of officetels as hybrid spaces; they’re part office, part residence, and come with amenities that serve both. Usually located in high-rise buildings in central locations, officetels are designed for people who want the convenience of working and living in the same place.

These spaces are especially common in urban areas where commuting can be time-consuming and costly.

An officetel usually comes as a studio or small one-bedroom unit, often fully or semi-furnished, with internet, utilities, and building amenities included. You can also find office-grade facilities such as reception areas, meeting rooms, and business services.

Benefits of Living in an Officetel

Over the past few years, officetels have become more than just a niche housing option. Their popularity stems from many social and economic factors, including remote work and freelancing, the cost of housing, and convenience.

With an officetel, you get:

Work Life Balance

Living in an officetel means your commute is practically non-existent. You can finish a late-night project and still get proper rest without wasting time on transportation.

For freelancers, entrepreneurs, and even small startups, this convenience is invaluable.

Cost Effectiveness

Instead of renting both an office and a residence, an officetel allows you to combine the costs of both into one. Not only does this save money, but it also reduces the stress of handling multiple contracts, utilities, and bills.

Strategic Locations

Officetels are usually situated in prime areas near subway stations, shopping districts, and business centers. If you prefer a fresh or recreational surrounding, you can also find officetels with Han River view (한강 뷰 오피스텔) in South Korea.

Versatile Amenities

From gym access to 24-hour security, officetels come with features that add to the convenience. Some even provide shared meeting rooms and coworking-style lounges. It’s like living in a home and working in an office at the same time.

Should You Consider an Officetel?

While officetels do offer convenience and even investment potential, not everyone needs to buy or rent one. Depending on your lifestyle and your needs, an officetel could be the best choice or an unnecessary one.

If you’re a freelancer or remote worker, an officetel is a perfect space where you can work online and have a functional yet stylish home office. These spaces can also legally function as business addresses, giving entrepreneurs and small businesses a cost-effective base of operations.

For students and expats, short-term stays are often available. It’s one of the many reasons that officetels remain attractive for international residents and exchange students.

While both apartments and officetels provide living spaces, the difference lies in their purpose and flexibility.