4 Reason Why You Should Buy an Apartment in Copenhagen

The real estate market in the Danish capital

The demand for apartments in Copenhagen has been steadily increasing, leading to rising prices and a competitive market for buyers. However, when buying an apartment in Copenhagen, knowing what's on the market and what's a reasonable price is not always easy. Especially not if you're not familiar with the city. In addition, the process of purchasing an apartment in Denmark can sometimes be perplexing for both foreigners and Danes.

At Bomae, we have helped many clients with buying their dream homes in Denmark.

As a buyer's agent, we are fully committed to helping you find and purchase housing in Copenhagen. Read more about what we can do for you, or continue reading to learn why buying an apartment in the Danish capital is a good investment.

Four reasons why you should buy an apartment in Copenhagen

There are obviously countless reasons why living in Copenhagen is great. However, deciding to buy a place is a big step for most people. Here, we have selected four very good arguments for why you should buy an apartment in Copenhagen.

Settle in a growing city with a strong economy

Copenhagen is growing and claiming its place among Europe's major cities. Much thanks to the many large corporations that have their headquarters in the city, the provincial small town feeling of being on the outskirts of the continent is long gone. Furthermore, the overall strong economy in Denmark means that there's no shortage of job opportunities, making the Danish capital a great place to pursue a successful career.

High quality of life and cultural offerings

The Danes often top the list of the happiest people in the world. Great public welfare systems, high standards of living, and an easygoing attitude towards life in general are three main reasons why the quality of life is higher in Copenhagen than almost anywhere else. In addition, Copenhagen has a lot to offer when it comes to culture, entertainment, food and outdoor activities.

Access to excellent public transportation

No matter in which neighbourhood you decide to buy an apartment, you will never have to worry about how to get home. The public transport system in Copenhagen is second to none and includes the metro, commuter trains, buses and ferries. However, if you want to blend in with the Copenhageners, you ought to get yourself a bike. The Danish capital is a city of bicyclists, and the bike lanes meander like blood veins through the city. Cheap, fast, convenient and 100% pollution free. And when you want to leave the city, the metro will take you straight to Copenhagen Airport.

Potential for rental income

Buying an apartment and relocating to a new city is undoubtedly a big step. However, you don't have to spend all your time in Denmark, if you don't want to. By owning an apartment in Copenhagen, you will be able to rent it out short-term during periods when you're abroad. Copenhagen is a popular tourist destination, and the demand for accommodation is high year-round. List your apartment on home-sharing apps like Airbnb or contact a local rental agency and enjoy a steady stream of passive income.

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Popular neighbourhoods for buying an apartment in Copenhagen

The Danish capital is a refreshing mix of old and new. All across the city, new developments stand shoulder to shoulder with medieval buildings, modern architecture and charming little residential areas. However, in order to thrive in Copenhagen, you need to know in what part of the city you want to live. Here are some of the most popular neighbourhoods.

Nørrebro

Charming Nørrebro is a neighbourhood known for its vibrant and diverse community, thriving arts and cultural scene, and trendy and alternative vibe. Traditionally a working-class neighbourhood, Nørrebro has one of Copenhagen's most multicultural populations. Here you find shawarma kiosks and small Middle Eastern shops next to hip art galleries and popular bars, cafés, restaurants and nightclubs. Thanks to its laid-back and inclusive atmosphere, it's easy to feel at home in Nørrebro.

Availability and average price for apartments:

The availability of apartments in Nørrebro is always high. Currently, there are over 100 apartments listed on Denmark’s most popular property website. Attractive apartments in the right location tend to be sold quickly. The average price per square meter ranges from 38 000 DKK to 65 000 DKK (January 2023).

Amenities and public transportation: The neighbourhood is home to Copenhagen's favourite park and hang-out space, Assistens Kirkegård, a combination of the cemetery and city park. Nørrebro is served by several metro lines (including the M2 and M3) and bus routes, which provide quick and convenient access to other parts of the city.

Vesterbro

Authentic Vesterbro has come a long way from being a notorious red-light district to becoming a vibrant and family friendly neighborhood where cool art spaces and boutiques lie next to kindergartens and gritty bodegas. For lovers of food and drinks, Vesterbro’s Kødbyn (Meatpacking district) offers an inspiring mix of gourmet restaurants, nightclubs, bars and coffee shops. Vesterbro could arguably have one of the best locations in the city, a stone’s throw away from the central railway station (Hovedbangård).

Availability and average price range: Vesterbro is a popular district in which to buy an apartment. Currently, there are around 400 apartments in Vesterbro listed on Boligsiden. The average price per square meter ranges from 40 000 DKK to about 80 000 DKK.

Amenities and public transportation: Close proximity to Tivoli, Glyptoteket and many other attractions, stores and cultural establishments. Vesterbro is served by several metro lines, commuter trains and bus routes. The Central Station is located in the area.

Other popular neighbourhoods in Copenhagen

Indre by: Indre by basically means Inner City. This is the district where you find the iconic Nyhavn houses, the harbor, Rådhuspladsen, the pedestrian shopping street Strøget and countless other attractions. So naturally, the prices of apartments are very high. Still, on the other hand, you won't have any trouble renting out your apartment to tourists.

Amager: Amager is an island located in the southern part of Copenhagen. Here you can live close to the waterfront, surrounded by green areas, stores and restaurants. This is an up-and-coming district with prices ranging from 20 000-75 000 DKK per square meter.

Østerbro: This elegant part of town is popular with families and people who value peace and quiet. Østerbro is known for its many parks and beautiful residential buildings. Here, you can find apartments with a square meter price ranging from 35 000 DKK to 100 000 DKK.

Conclusion

The high standard of living, exceptional public transport, excellent career opportunities and the possibility to rent out your apartment to tourists are just a few of the many reasons you should buy an apartment in Copenhagen. If you are considering purchasing property in the Danish capital, look no further than Bomae. As buyer agents, we are 100% on your side from start to finish. We will help you find the right property, help you finance your purchase, negotiate the sales contract, and finish the sale in a way that is as favourable for you as possible.

Read more about our services here or contact us by filling out the form below.

Buy an apartment in Copenhagen