mrscript_lt OP t1_jaccnxf wrote on February 28, 2023 at 12:34 PM

Reply to comment by DeathStarVet in EU House price index change [OC] by mrscript_lt

This does not say anything about price level itself :)

DeathStarVet t1_jaccqb7 wrote on February 28, 2023 at 12:34 PM

Ahhhhhhhh dammit.

But won't it make a good investment?

mrscript_lt OP t1_jacd1xo wrote on February 28, 2023 at 12:37 PM

Denmark is great country, indeed. But I have no clue if it makes a good Real estate investment :) Hungary was good investment 5Y ago. Who knows what next 5Y will bring. :) past isn't always good predictor of the future.

silentorange813 t1_jacnmu9 wrote on February 28, 2023 at 2:09 PM

What's going lower could always go lower.

SigerMakkerMeget t1_jacp5fm wrote on February 28, 2023 at 2:21 PM

Not yet. Prices here are still at a historic high point, and next year there are tax reforms coming that WILL increase taxes on most apartments and houses in attractive areas

Razjuul t1_jadpt8z wrote on February 28, 2023 at 6:22 PM

I'm pretty sure you can't buy real estate in Denmark unless you are a citizen or have lived there for over 5 years or something along those lines.

PolemicFox t1_jae4fbs wrote on February 28, 2023 at 7:54 PM

You can buy real estate here if you live here permanently, regardless of how long you've been here.

But in general you can't invest in real estate here from abroad.

Razjuul t1_jaeyar5 wrote on February 28, 2023 at 11:11 PM

This is what it says on the ministry's site, so yah you right not citizenship but permanent residency

"To be able to purchase property in Denmark you are required to have either a permanent residence in Denmark or have lived in Denmark for a consecutive period of five years. The permission is obtained from the Danish Ministry of Justice."