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Buying property in Denmark

Discussion forum for expats moving to or living in Denmark.

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Buying property in Denmark

Post Posted: Mon Nov 24, 2008 11:25 pm

I love copenhagen, and whilst I am not ready to move in this current financial climate. Denmark is one of the places I am considering (Sth france another.)

Anyway -when lookin on internet at sites like primelocation.com, Denmark isn't even an option?

Denmark is in the EU so I would've thought that buying a propety if you're an EU citizen is no problem..

IS there some kind of residency law with regards to Property purchase in DenmarK? Confused

THanks in advance!

 

vasquez
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Re: Buying property in Denmark

Post Posted: Tue Jun 01, 2010 3:08 pm

You cant buy a summer house in Denmark unless you have lived here for 5 years and then can't live in it unless you are a pensionist. You can buy a house but can't sell for a profit within 3 years or rent it out to make money! Copenhagen is the most expensive place to live in DK. The housing market is very slow and the prices have not dropped due to the recession. A house nearby has been on the market for 2 years at 1.8million kroner, 4 beds, large garden and views to the sea, very nice but they wont drop the price. We rent which is quite reasonable due to the fact of buying/selling taking so long. By the way we live on the mainland Eastern Jutland near the lillebelt.

 

heaton
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