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Types of accommodation and prices in Denmark

Larger Danish cities have accommodation options that include shared housing options, studio apartments, small-size apartments, and if your budget is large, perhaps even a townhouse or villa. In a large city like the capital Copenhagen, a small studio apartment in the centre costs upwards of DKK 7,000 per month.Ìý

Conversely, shared housing in outlying areas can cost as low as DKK 3,000 per month. Housing prices decrease along the outskirts of the city so there is potential to save some money if you don't mind a commute; luckily, Danish cities have well-developed transportation networks to make it easy to travel.Ìý

In smaller cities, housing options like stand-alone townhouses and larger apartments are much more affordable. Finding a place with a garden or outdoor area is also easier outside of the large cities.Ìý

Buying vs. renting in Denmark

As a newcomer to Denmark, expats will find it much easier to rent property than to buy. Foreigners who have lived in the country for less than five years will need approval from the Danish Ministry of Justice to buy a property. Buying property in Denmark also requires a large down payment of 10% or more.Ìý

Although competition for nice apartments in large Danish cities is steep, it is much easier to find an apartment for rent than to try and enter the even more competitive housing market.Ìý

Rental properties in Denmark

Here are some questions to keep in mind when you rent a property:

• Are there any extra costs involved? Ask about additional fees and exclusions for utilities such as electricity, internet, and joint costs for cleaning of common areas. If these are not included, ask for an estimate of the monthly costs.Ìý
• What is the initial deposit? Most rentals have a deposit amount that must be paid when the rental agreement is signed.Ìý
• Is the agreement limited or unlimited? Limited contracts are binding and cannot be terminated before the lease period runs out.Ìý
• What is the notice period? Most rental agreements require a one- or two-month notice period.Ìý
• Is the apartment furnished, and does it include white goods (fridge, stove, dishwasher, washing machine, etc.)? Expats may find it easier to move into an apartment that is already equipped with the necessary furniture and appliances. Although rental prices for furnished apartments are higher, it might be more affordable than buying everything new.Ìý

ÌýImportant:

Never pay the deposit in cash. The safest option is to transfer it to a bank account in the name of the owner listed in the rental agreement.Ìý

Legalities in Denmark

A change of address must be registered with the nearest ‘Ìý(citizen service centre) within five days of moving.Ìý