๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark

Property Taxes and Buying Costs in Denmark

Budget 1โ€“3% on top of the price for a resale apartment. On a 60 mยฒ apartment in Copenhagen (about โ‚ฌ432,000) that is roughly โ‚ฌ4,320โ€“โ‚ฌ12,960.

Costs when you buy

Deed registration fee (tinglysningsafgift)
DKK 1,850 + 0.6% of price
Mortgage registration fee
Fixed fee + approx. 1.25โ€“1.5% of the mortgage amount
Buyer's lawyer or adviser
approx. DKK 10,000โ€“25,000
VAT on new builds
25% on new buildings, usually included in the price

Costs while you own

Land tax (grundskyld)
Municipal rate on land value, under the 2024 property tax system
Property value tax (ejendomsvรฆrdiskat)
Progressive tax on the home's value for owner-occupiers

Tax on rental income

Rental income from Danish property is taxed in Denmark at progressive personal income tax rates, net of expenses or a standard deduction.

Frequently Asked Questions

What taxes do you pay when buying property in Denmark?โ†“
Deed registration fee (tinglysningsafgift): DKK 1,850 + 0.6% of price. Mortgage registration fee: Fixed fee + approx. 1.25โ€“1.5% of the mortgage amount. Buyer's lawyer or adviser: approx. DKK 10,000โ€“25,000. VAT on new builds: 25% on new buildings, usually included in the price.
What are total closing costs in Denmark?โ†“
Typically 1โ€“3% of the purchase price for a resale apartment.
How is rental income taxed in Denmark for non-residents?โ†“
Rental income from Danish property is taxed in Denmark at progressive personal income tax rates, net of expenses or a standard deduction.
Buying property in Denmark: step-by-step guide โ†’

Last reviewed 2026-10. General information, not tax or legal advice: rates change and often depend on region and buyer status, so confirm with a local notary, lawyer or tax adviser. Sources: Ministry of Foreign Affairs: Foreign citizens' acquisition of property in Denmark.