|Last Updated: Apr 29, 2013|
|COPENHAGEN - Apartments||COST (Ä)||YIELD (p.a.)||PRICE/SQ.M. (Ä)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|50 sq. m.||176,300||962||6.54%||3,526||19.23|
|85 sq. m.||335,580||1,471||5.25%||3,948||17.31|
|120 sq. m.||471,960||2,038||5.18%||3,933||16.98|
|200 sq. m.||897,800||3,322||4.44%||4,489||16.61|
|Copenhagen K, Copenhagen S, Copenhagen N, Copenhagen O, Frederiksberg K, Charlottenlund, Gentofte, Hellerup, Holte, and Horsholm
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Residential property prices in Denmark have fallen, with a national price decline of 7.48% for one family houses during 2011 (-9.85% adjusted for inflation), according to StatBank Denmark. In Copenhagen, our research suggests that there has been a similar decline in the price of apartments. Meanwhile, rents have risen or been stable in Copenhagen.
The result is that rental yields on apartments in Copenhagen have risen across the size-spectrum. The change is not enormous, but it is noticeable. Apartments of 120 square metres (sq. m.) now yield 5.33% (an increase of 0.5% on last year). Apartments of 70 sq. m. now yield 6.53%, also an increased return compared to last year. These are quite attractive yields for a European city.
Be the first to comment on this article!
Login or Register to submit a comment!
In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.
Fortnightly updates from the global property arena directly to your inbox.
Connect to professional advice in Denmark
Which parts of the world are most attractive for property investment today?