Danish Houses: Investing in Denmark, House Rents and Prices
Danish Houses: Investing in Denmark, House Rents and Prices
According to Fred Economic Database, the average house price in Denmark in 2021 is 135,000 Euros. The sales prices of Danish houses in 2021 increased by 11% compared to the sales prices in 2020. The most expensive houses in Denmark are in the capital city of Copenhagen. The 2nd most expensive city in Denmark for house prices is Aarhus, while the 3rd most expensive city is Odense.
House prices in Denmark by city and number of rooms are given in the table below.
| City and number of rooms | Average price |
|---|---|
| Copenhagen (3+1) | 500,000 Euros |
| Copenhagen (1+1) | 290,000 Euros |
| Odense (2+1) | 91,000 Euros |
| Odense (1+1) | 39,000 Euros |
| Middelfart (3+1) | 215,000 Euros |
| Middelfart (2+1) | 78,000 Euros |
| Horsens (3+1) | 128,000 Euros |
| Horsens (1+1) | 78,000 Euros |
House prices in Denmark vary depending on the city and location of the house within the city, the number of rooms, the building features and the number of rooms.
How Much Does House Rents Cost in Denmark?
House rental prices in Denmark are given in the table below.
| City | Square meters | Distance to center | Monthly rent |
|---|---|---|---|
| Copenhagen | 50 | 5km | 1,080 Euros |
| Copenhagen | 72 | 10 km | 1,495 Euros |
| Copenhagen | 82 | 10 km | 1,750 Euros |
| Copenhagen | 99 | 15 km | 2,550 Euros |
| Copenhagen | 155 | 8 km | 2,900 Euros |
| Vesterbro | 122 | 1km | 1,900 Euros |
| Valby | 82 | 2km | 1,700 Euros |
| Osterbro | 200 | 3km | 3,750 Euros |
| Aarhus | 122 | 1km | 1,400 Euros |
| Odense | 64 | 7km | 740 Euro |
| Aalborg | 75 | 4 km | 910 Euro |
| Esbjerg | 90 | 8 km | 890 Euro |
| Horsens | 70 | 2km | 850 Euro |
The changes in average house rental prices in Denmark over the years are given in the table below.
| Years | Average rental prices |
|---|---|
| 2012 | 1,100 Euros |
| 2014 | 1,170 Euros |
| 2016 | 1,300 Euros |
| 2018 | 1,400 Euros |
| 2020 | 1,500 Euros |
What are the Prices of Houses for Sale in Denmark?
Prices of houses for sale in Denmark are given in the table below.
| City | Square meters | Distance to center | Price |
|---|---|---|---|
| Copenhagen | 90 | 1km | 643,000 Euros |
| Copenhagen | 126 | 7km | 880,000 Euros |
| Copenhagen | 84 | 1km | 520,000 Euros |
| Aalborg | 102 | 2km | 64,500 Euros |
| Aalborg | 88 | 7km | 49,400 Euros |
| Odense | 65 | 8 km | 39,000 Euros |
| Odense | 90 | 1km | 211,000 Euros |
| Aarhus | 75 | 11 km | 221,000 Euros |
| Aarhus | 90 | 6 km | 107,000 Euros |
| Middelfart | 107 | 9 km | 190,000 Euros |
The changes in the average prices of houses for sale in Denmark over the years are given in the table below.
| Years | Average house prices |
|---|---|
| 2014 | 89,000 Euros |
| 2015 | 95,000 Euros |
| 2016 | 98,000 Euros |
| 2017 | 102,000 Euros |
| 2018 | 107,000 Euros |
| 2019 | 110,000 Euros |
| 2020 | 127,000 Euros |
What are the prices of houses for sale in Copenhagen?
Denmark Copenhagen houses are more expensive compared to the rest of the country. The average house price in Denmark is 135,000 Euros, while the average house price in Copenhagen is 350,000 Euros. Compared to other European capitals, the average house price in Copenhagen is cheap. The average price of a 70 square meter house is 950,000 Euros in London, 910,000 Euros in Paris, 875,000 Euros in Zurich, 825,000 Euros in Munich, 770,000 Euros in Stockholm, 610,000 Euros in Oslo, 510,000 Euros in Amsterdam, 450,000 Euros in Vienna, and 300,000 Euros in Lisbon.
What are the rental prices like in Copenhagen?
The average rental price in Copenhagen is 2,420 Euros. Copenhagen is the 7th capital city in Europe with the highest rental price. Monthly rents are 3,800 Euros in London, 3,000 Euros in Dublin, 2,900 Euros in Luxembourg, 2,800 Euros in Paris, 2,600 Euros in Amsterdam, 2,575 Euros in Valetta, 2,420 Euros in Copenhagen, 2,000 Euros in Stockholm and 1,900 Euros in Rome.
The most expensive house rents in Denmark are seen in Copenhagen. House rents in Copenhagen, Denmark can be 1.5-2 times higher than house rents in other Danish cities.
Which Cities Have the Most Demand for Housing in Denmark?
The cities with the highest demand for housing in Denmark are listed below.
- Copenhagen
- Aarhus
- Odense
- Aalborg
- Esbjerg
- Randers
- Kolding
- Horsens
- Vejle
- Roskilde
Is Citizenship Given to Those Who Buy a House in Denmark?
Foreign nationals who buy a house in Denmark are granted citizenship if certain conditions are met.
Foreign nationals applying for Danish citizenship must purchase a house worth at least 100,000 Euros and live in Denmark for 9 years without interruption. Applications for Danish citizenship will not be accepted from individuals who have not resided in Denmark for 9 years without interruption before applying for Danish citizenship.
Is a Residence Permit Granted by Buying a House in Denmark?
It is possible to obtain a residence permit by purchasing a house in Denmark. Foreign nationals who purchase a house in Denmark worth at least 100,000 Euros can apply for a Danish residence permit.
People who buy a house in Denmark for at least 100,000 Euros and have sufficient balance in their bank accounts can apply for a Danish national visa and obtain a residence permit. As a result of the Danish national visa extension process, foreign nationals who have resided in Denmark for at least 5 years can obtain a permanent Danish residence permit.
What are the conditions for buying property in Denmark?
Non-EU citizens who want to buy real estate in Denmark must have a Danish residence permit or a Danish work permit. Foreign nationals who have resided in Denmark for at least 5 years without interruption can buy real estate in Denmark.
What are the Property Sites for Sale in Denmark?
Real estate websites with houses for sale in Denmark are listed below.
- https://www.boligsiden.dk
- https://www.nybolig.dk/til-salg/hus
- https://www.edc.dk/sog/
- https://home.dk
- https://bolighed.dk/salg/?view=list
- https://selvmaegler.dk/find-bolig
- https://www.dba.dk
- https://elbaeks.dk/boliger-til-salg
- https://www.guloggratis.dk/ejendomme/huse/
What are the Rental Home Sites in Denmark?
Rental house sites in Denmark are listed below.
- https://www.edc.dk
- https://www.dba.dk
- https://www.nybolig.dk
- https://www.guloggratis.d
- https://www.boligsiden.dk
- https://home.dk
- https://selvmaegler.dk
- https://bolighed.dk
- https://elbaeks.dk
Where Do Turks Live in Denmark?
The cities where Turks live in Denmark are Aarhus, Copenhagen, Høje-Taastrup and Ishøj.
According to Danish government statistics, the number of people of Turkish origin living in Denmark as of 2019 was 63,975.
How to Buy a House in Denmark?
Foreign nationals who want to buy a house in Denmark must have a legal Danish residence permit or a Danish work permit. Foreign nationals who have resided in Denmark for at least 5 years without interruption have the right to buy a house in Denmark. The owner of the house or the real estate company to be purchased must be contacted to agree on a price and the contract and title deed procedures must be carried out after payment.
How to Get a Home Loan in Denmark?
You can apply to major Danish banks such as Danske Bank, Jyske Bank, Nordea Bank Danmark, Nykredit Bank and Sydbank to get a loan for a house you want to buy in Denmark. In order to get a home loan from Danish banks, the applicant must have a high income, salary level and demonstrable assets.
There are banks from other countries in Denmark, such as Sweden, Norway, England, Luxembourg, Belgium and Germany. There are no branches for Turkish banks in Denmark yet.
What Are Danish Houses Like?
Danish houses are generally detached and have gardens. High-rise houses are rare in Denmark, houses and cities are mostly horizontal. Settlements in Copenhagen, the capital of Denmark, are in apartments and sites.
The most important feature of Danish houses is that their interior is spacious, airy and their exterior is glass. The building material of detached houses is mostly brick and they have a solid structure. Danish home decoration is designed by interior designers and carries modern traces.
What type of visa is required to buy a house in Denmark?
Foreign citizens who want to buy a house in Denmark and get a residence permit must first apply for a Danish national visa and prove that they have sufficient financial assets while staying on the Danish border. Danish national visa application documents are submitted to Danish foreign missions.
People who settle in Denmark with a Danish national visa can apply for a Danish residence permit by going to the Danish Immigration Office. Citizens of the Republic of Turkey must apply for a Danish investor visa for their ventures and investments in Denmark.