Property Prices in Copenhagen, Denmark

Index Info
Price to Income Ratio: 8.32
Mortgage as Percentage of Income: 61.67%
Loan Affordability Index: 1.62
Price to Rent Ratio - City Centre: 20.55
Price to Rent Ratio - Outside of Centre: 19.75
Gross Rental Yield (City Centre): 4.87%
Gross Rental Yield (Outside of Centre): 5.06%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 12,800.94 kr 10,000.00-17,500.00
Apartment (1 bedroom) Outside of Centre 9,486.13 kr 7,000.00-13,000.00
Apartment (3 bedrooms) in City Centre 22,160.00 kr 18,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 15,332.64 kr 12,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,240.22 kr 4,650.80-6,503.16
Price per Square Feet to Buy Apartment Outside of Centre 3,623.40 kr 2,787.07-4,830.92
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 28,666.86 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.22 3.27-5.00

These data are based on 327 entries in the past 18 months from 58 different contributors.
Last update: December 2024

Sources and References
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3 Comments so far
Tansy on Sep 10, 2024:
Copenhagen's property market reflects a complex landscape of high costs and significant financial demands, suggesting that both potential buyers and renters need to navigate carefully to manage their housing expenses effectively.
According to CopenhagenQuarters.dk, there are two main methods of setting rent: market rent and cost rent. Ринкова ореднна плата – це ореднна плата, for which accommodation of the same size and location are offered on the open market. The rental price, on the other hand, is calculated on the basis of actual expenses for the exploitation of the property, such as technical maintenance, taxes and fees. In regulated zones, such as Copenhagen, rent-based payments are often used
Pramod Dalal on Jan 16, 2023:
Hi, my name is pramod Dalal,I am Indian, I like to know, if I buy a house in Copenhagen what is the process.
Michael L. Wilson on May 06, 2021:
Hello.

My name is Michael Wilson, & I'd like to know if American's can own property in Denmark. & what is the process to actually buying?.