Every fifth CPH apartment sells for more than the asking price

New figures reveal that 18 percent of Copenhagen apartments sell for more than expected

Alexandra Pedersen

Jun 26, 2015

More than 18 percent of apartments in Copenhagen are sold for over the asking price, reveals new figures from housing portal Boliga.

That is almost double compared to the same quarter last year, and ten times higher than in 2011, Berlinske Business reports.

Curt Liliegreen, head of the secretary at Housing Economy Knowledge Centre, explains that the development is due to especially good finance options and the option for an equity bonus.

“It has been a period with really good options for great purchases. You were able to get a loan with a fixed rate at two percent, and a value close to 100,” Liliegreen told Berlinske Business.

“You were also able to purchase an apartment in Copenhagen with good chances that the equity would rise.”

Not to worry…
The drastic rise in real estate prices may be a warning sign, but Liliegreen asserts that there isn’t necessarily reason to worry about a ‘housing bubble’.

“I don’t see a ‘housing bubble’ situation in this,” he said.

“We are still far from the numbers from 2006 if you take inflation into consideration. The rise in prices doesn’t reflect a ‘real estate bubble’.”

TOP STORIES

In conversation with Conrad Molden: The man behind the mic

He’s tickled our funny bone with countless wisecracks and clever wordplay, and in the process, made Denmark feel a little more personable to many expats. An international import himself, funny man Conrad Molden has successfully carved out a niche for himself on the Danish stand-up scene, but it’s taken a solid 13 years, much trial and error, and heaps of Danglish
Here Comes The Sun…

I escaped from Denmark this winter to the south of France, where I was convinced that the sunshine would inspire me to write this year’s Crazy Christmas comedy show.
Volunteer Night 2025: when volunteering rimes with integrating

On Wednesday, April 30, from 17:00 to 20:00, Studenterhuset will host Volunteer Night 2025, a free event organized by the organization International House Copenhagen, which goal is to ease the relocation process for newcomers in Denmark
The international who shaped Copenhagen

Anna Maria Indrio is one of the most important architects in Denmark, having contributed to shaping Copenhagen into what it is today. Among her best-known projects are the extension of SMK and Arken, as well as the Natural History Museum and the Darwin Centre in London. She moved here 60 years ago, when “Copenhagen was gray and dormant. Predictions suggested it would become depopulated. But putting people at the center changed everything,” she said
Danish government passes amendment to increase citizenship fee by 50%

Fees were raised to reflect processing costs and curb repeat applications, creating debate over whether the new charges erect barriers to political participation for internationals.
Internationals’ labour contributes 361 billion DKK to Denmark’s GDP, and it is growing strongly every year

According to a report by the Danish Chamber of Commerce, internationals’ contribution is 12% of the country’s GDP. In 2023, it was 322 billion DKK, and in 2008, it was 136 billion DKK. “Internationals make a gigantic difference in our prosperity and welfare,” comments Morten Langager, the Director of Dansk Erhverv.

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Career

Inside Denmark’s innovation engine

With half of its staff being international, the BioInnovation Institute reflects Denmark’s broader transformation into a global innovation hub. But can the country—and Europe—keep up the pace? “If reforms are made now, we can close the gap in ten years,” explains BII’s CEO
International designers struggle to find jobs in Denmark

Many internationals come to Denmark to work as designers, but the field appears to be one of the hardest to break into. The Copenhagen Post spoke with two internationals struggling to find their way into the industry.
This rural town in Denmark has a 17 percent international workforce — Here’s how

With a low unemployment rate and aging population, the municipality is actively recruiting workers from abroad to fill essential roles and support long-term growth