Real estate in new builds from developers of Copenhagen
Real estate in Copenhagen
Location, climate, and economy
Copenhagen is the capital and the largest city of Denmark, located on the following islands: Amager, Zeeland, Slotsholmen. The self-proclaimed free city of Christiania, is partly self-governing.
The climate is temperate maritime, characterized by minor seasonal temperature fluctuations. In the summer it is quite cool, the winter is mild, there are practically no hard frosts.
The city's economy is represented, first of all, by the service sector (transport, communications, finance, trade), as well as manufacturing, biotechnology and trade, shipping (there is an industrial harbor and a port).
Market and real estate prices in Copenhagen
Analysts note: since the summer of 2021, the demand for the purchase of real estate has gradually decreased, the price trend has moved from fast to moderate growth, and then to decline. The real estate market in Copenhagen has faced difficulties due to rising interest rates and high inflation. According to experts, prices for detached houses and townhouses fell by 1%, for apartments in residential complex just over 1%. Economists expect real estate in Copenhagen to continue to fall in price in the autumn and winter of 2022/23, which could be the start of a steady downward trend in housing prices. However, not all experts support this point of view. Opponents note that the value of real estate in Copenhagen has grown by about 20% over the past three years, which indicates the stability of the economy of Denmark, its capital, and the great potential of the market. Therefore, as they believe, the trend, in the worst case, will continue until autumn and then growth will come again.
The most popular in Denmark is luxury residential real estate in Copenhagen - spacious villas and old mansions. The cost of such objects depends on the location and area.
Buying residential property in Copenhagen is preferred by many investors, although apartments here are several times more expensive than in other European capitals. If you determine the attractiveness of areas, then buying property in Copenhagen is promising in:
- Erestade - a new business center, (offices of branches of transnational corporations, conference rooms, hotels are based);
- Carlsberg - a promising development area, where the price is attractive to wealthy investors;
- Nordhavn - a developing area (schools, kindergartens, sports grounds, and shops are nearby).
The sale and purchase of real estate in Denmark is not available to all foreign investors, but to those who either have previously lived in the country for at least 5 years, or citizens of the European Union working in the country, having a residence permit or a business permit. Customer reviews confirm the compliance of the facilities under construction with EU quality standards.
Property price per sq. m:
- housing: primary - from 5200 USD, secondary - from 5000 USD,
- land plot — from 300 USD,
- commercial objects: cafe-club - 2200 USD, tenement house - 12000 USD.
Due to the high dynamics of price changes, it makes sense to find only relevant information at the time of the request.
Property types for sale
primary and secondary fund:
- apartments in residential complexes, detached houses, townhouses, holiday homes,
- commercial facilities (warehouse, office, retail space, hotels, apartment buildings, etc.);
- land plots.
The GEOLN.COM real estate website with a user-friendly interface allows you to quickly find real estate from a developer or owner in the secondary market without an intermediary and get advice on the purchase. The sale of real estate in Copenhagen is regulated by law, transactions are transparent and safe, but in order to minimize risks, it is advisable to use the information of experts and follow their recommendations.
Buying real estate in Copenhagen is an expensive but profitable investment in the medium term. It leads to creating conditions for generating rental income, doing business in a city and a country with a developed economy.