Villa de Suenos
Villa de Suenos

Real Estate Denmark

 

Real Estate Denmark

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Properties for Sale in Denmark

Property for Sale in Denmark

There are some restrictions on Foreign Ownership in some areas, especially when buying summer holiday homes (sommerhuse).

This is particularly prevalent when buying holiday homes along the coast. However, the purchase of "all year round" homes which are not on the popular parts of the coast is possible.These are popularly known as the ‘anti-German rules’; because they are designed to prevent coastal areas from being overrun by German second home owners.

If you haven’t been resident in Denmark for five years, you need to get permission from the Danish Ministry of Justice to buy a property. Similar rules apply to buying dwellings, flats, timeshare flats and tenancy agreements. EU citizens may buy property for permanent habitation, but holiday homes may only be acquired by persons who have lived permanently in Denmark for at least five years.

When you have found the right property for you, it is advisable to get someone to check for damp or building construction errors before you advise the Real Estate Agent to draft "purchase agreements". It can be useful to pre-empt any mortgage requirements by obtaining an approval or "mortgage certificate".

A solicitor/lawyer will correspond with the Real Estate Agent in negotiation of the purchase price before the buyer and seller sign the final document contracts. The solicitor/lawyer will notarise them on your behalf and issue the official owner document. It is usual to negotiate a better purchase price when cash buying.

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