What is the average apartment price per square meter in Copenhagen?

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INVESTROPA

A team specialized in real estate investing in European countries (Denmark, Netherlands, Germany, etc.).

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Denmark. If you'd like to learn more about us, you can check our presentation page.

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At InvestRopa, we explore the Danish real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Copenhagen, Aarhus, and Odense. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What's the current average apartment price per square meter in Copenhagen?

The average apartment price per square meter in Copenhagen central areas currently ranges from DKK 50,000 to DKK 60,000 as of June 2025.

Luxury districts like Frederiksberg command significantly higher prices, reaching up to DKK 73,000 per square meter. The overall city average for central Copenhagen has been cited at around DKK 55,000 per square meter, reflecting a 4.6% increase from the previous year.

These prices translate to approximately €6,700–€8,000 per square meter in central areas, with premium locations exceeding €9,800 per square meter. The Copenhagen apartment market has shown remarkable resilience, with prices now surpassing previous peaks despite temporary setbacks in 2022-2023.

Property buyers should note that these figures represent gross prices before transaction costs, which typically add another 2.4–2.9% to the total purchase cost. The high price per square meter reflects Copenhagen's status as one of Northern Europe's most desirable capitals for both residents and investors.

It's something we develop in our Denmark property pack.

How do apartment prices vary across different Copenhagen districts and neighborhoods?

Copenhagen apartment prices show significant variation across districts, with central and prestigious areas commanding premium rates while outer neighborhoods offer more affordable options.

District Category	Price Range (DKK/sqm)	Notable Areas
Most Expensive	60,000-73,000	Frederiksberg, City Centre, Christianshavn
Premium Central	50,000-60,000	Østerbro, Islands Brygge
Up-and-Coming	40,000-50,000	Vesterbro, Nørrebro, Carlsberg Byen
Affordable Central	35,000-45,000	Valby, Amager East
Suburban	25,000-40,000	Tingbjerg, Brønshøj, Husum
Emerging Areas	30,000-45,000	Nordhavn, Amager Vest
Traditional Residential	35,000-50,000	Bispebjerg, Vanløse

Which Copenhagen areas are most expensive, most affordable, and most promising for apartment buyers?

Copenhagen's apartment market clearly segments into three distinct categories based on pricing and investment potential.

**Most Expensive Areas:**1. **Frederiksberg** - The most prestigious district with prices up to DKK 73,000 per square meter2. **City Centre (Indre By)** - Historic charm and central location drive premium pricing3. **Christianshavn** - Trendy canal-side living with strong international appeal4. **Østerbro** - Family-friendly green neighborhoods with excellent amenities5. **Islands Brygge** - Modern waterfront apartments with harbor views**Most Affordable Areas:**1. **Tingbjerg, Brønshøj, Husum** - Suburban locations offering value for families2. **Amager East and West** - Growing rapidly but still relatively affordable3. **Valby** - Good value proposition with local character and city proximity4. **Bispebjerg** - Traditional residential area with reasonable pricing5. **Vanløse** - Quiet suburban feel with good transport connections**Most Up-and-Coming Areas:**1. **Carlsberg Byen** - Mixed-use development attracting professionals and families2. **Nordhavn** - Sustainable modern community with strong growth potential3. **Vesterbro and Nørrebro** - Gentrifying districts popular with young professionals4. **Amager** - Rapidly developing with new infrastructure projects5. **Refshaleøen** - Emerging cultural district with development potential

How have Copenhagen apartment prices changed over the past year and five years?

Copenhagen apartment prices have experienced significant volatility over the past five years, with a strong rebound in 2024 following a temporary decline in 2022-2023.

Over the past year, central district prices increased by 4.6% from 2023 to 2024, with some prime areas like København K experiencing a dramatic 9.5% surge in just six months. The overall apartment market showed an 8.9% year-on-year increase in 2024, demonstrating the market's robust recovery.

The five-year trend reveals a more complex picture. The Copenhagen residential market reached previous peaks in 2021, then experienced a correction in 2022-2023 due to interest rate hikes and new taxation policies. Property prices dropped during this period as buyers adopted a wait-and-see approach.

However, 2024 marked a decisive turnaround, with apartment prices up 8.9% and house prices increasing 12.8% year-on-year. This rebound has pushed prices above their previous 2021 peaks, indicating strong underlying demand in the Copenhagen apartment market.

The market correction period allowed some buyers to enter at more favorable prices, but current trends suggest this window has largely closed as prices resume their upward trajectory.

What are the forecasted apartment price trends in Copenhagen for the next 1, 5, and 10 years?

Copenhagen apartment price forecasts indicate continued moderate growth across all time horizons, driven by strong demand fundamentals and limited supply constraints.

For the next 1-2 years, experts predict moderate growth with annual price increases of 3-6% in the Copenhagen residential market. This forecast reflects sustained demand from both domestic buyers and international investors, balanced against rising interest rates and affordability concerns.

The 5-year outlook remains optimistic, with analysts projecting average annual price increases of approximately 6% through 2030. Central and up-and-coming districts are expected to outperform suburban areas, particularly neighborhoods undergoing gentrification like Vesterbro and Nørrebro.

Long-term 10-year projections maintain a positive outlook for Copenhagen apartment prices, supported by several key factors. Population growth continues to drive housing demand, while limited new construction constrains supply. Copenhagen's status as a desirable European capital attracts both residents and investors, providing fundamental support for price appreciation.

However, forecasts acknowledge potential risks including interest rate volatility, regulatory changes, and broader economic conditions that could impact growth rates. The sustainable development focus in areas like Nordhavn and Carlsberg Byen is expected to create additional value drivers for the premium apartment segment.

How do Copenhagen apartment prices compare to other major European cities?

Copenhagen apartment prices position the city among the more expensive European capitals, though still generally below Amsterdam and comparable to Stockholm in central areas.

City	Avg. Price per sqm (EUR, central)	Market Characteristics
Amsterdam	€8,000–€9,000+	Highest prices, severe supply constraints
Stockholm	€7,500–€8,500+	Similar to Copenhagen, strong Nordic market
Copenhagen	€6,700–€8,000	Premium locations up to €9,800+
Berlin	€5,000–€7,000	More affordable, rapid gentrification
Oslo	€6,500–€7,500	Comparable Nordic pricing
Brussels	€4,500–€6,500	More affordable EU capital option
Prague	€4,000–€6,000	Lower costs, growing market

What are the total purchase costs for apartments in Copenhagen including all fees?

Copenhagen apartment buyers face comprehensive purchase costs beyond the listed property price, with transaction fees typically adding 2.4–2.9% to the total investment.

The primary additional costs include property transfer tax, legal fees, notary costs, and property inspection fees. For a typical DKK 4,000,000 apartment purchase, buyers should budget approximately DKK 100,000–120,000 in total transaction costs.

Ongoing ownership costs represent a significant consideration for Copenhagen apartment buyers. Annual property tax averages around DKK 30,000 per year, while cooperative fees (ejerudgift) typically cost about DKK 3,000 per month for maintenance and building services.

Mortgage-related costs depend on the loan structure and down payment size. Buyers typically need a 20% down payment for locals, though foreigners may require 10-40% depending on residency status and bank policies. Current mortgage interest rates stand around 4.6% as of March 2025.

Additional costs may include property management fees for investment properties, insurance, and potential renovation expenses for older buildings. These ongoing costs significantly impact the total cost of ownership and rental yield calculations for investment-focused buyers.

How do apartment prices differ by size and building type in Copenhagen?

Copenhagen apartment pricing varies significantly based on both unit size and building characteristics, with smaller units commanding higher per-square-meter rates.

Studios and 1-bedroom apartments typically show the highest price per square meter, especially in central Copenhagen locations. These compact units appeal to young professionals and investors seeking rental income, driving up demand and pricing intensity.

2-bedroom apartments offer more reasonable per-square-meter pricing while maintaining strong market appeal for small families and professional couples. Larger 3+ bedroom units become increasingly rare in central areas and command premium pricing when available.

New developments consistently command premium prices ranging from DKK 45,000–65,000 per square meter, reflecting modern amenities, energy efficiency, and contemporary design standards. These properties attract buyers willing to pay for sustainability features and low maintenance requirements.

Older buildings may offer lower per-square-meter pricing but often require significant renovation investments and ongoing maintenance. However, these properties can provide opportunities for buyers seeking character features and potential value-add through improvements.

It's something we develop in our Denmark property pack.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Denmark versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What mortgage options and requirements are available for Copenhagen apartment buyers?

Copenhagen apartment buyers can access various mortgage products, though requirements vary significantly between domestic and foreign purchasers.

Down payment requirements typically range from 20% for Danish residents to 10-40% for foreign buyers, depending on residency status and banking relationships. As of March 2025, mortgage interest rates average around 4.6%, reflecting current European monetary policy conditions.

Danish banks offer three primary mortgage types: fixed-rate loans providing payment stability, adjustable-rate mortgages with potentially lower initial costs, and interest-only options for investment properties. Each structure serves different buyer profiles and investment strategies.

Foreign buyers face additional requirements including proof of income, Danish bank account establishment, and sometimes residency or work permit documentation. Some banks require higher down payments or impose stricter income verification for non-resident purchasers.

Loan approval processes typically take 2-4 weeks, with banks evaluating debt-to-income ratios, employment stability, and overall financial capacity. Pre-approval letters help strengthen purchase offers in Copenhagen's competitive apartment market.

What are the pros and cons of buying Copenhagen apartments for living versus rental investment?

Copenhagen apartment ownership presents distinct advantages and challenges depending on whether you plan to occupy the property or generate rental income.

**Buying to Live Pros:**- Build long-term equity through property appreciation- Benefit from Copenhagen's strong price growth trends- Gain housing stability in a competitive rental market- Avoid annual rent increases and landlord restrictions- Create a permanent base in one of Europe's most liveable cities**Buying to Live Cons:**- High upfront costs including down payment and transaction fees- Ongoing maintenance responsibilities and cooperative fees- Reduced mobility compared to renting- Market risk if property values decline- Significant capital requirements for Copenhagen's expensive market**Rental Investment Pros:**- Generate steady rental income in high-demand market- Benefit from property appreciation over time- Relatively stable tenant base in Copenhagen- Tax advantages through depreciation and expense deductions- Portfolio diversification through real estate exposure**Rental Investment Cons:**- Copenhagen rental yields average only 3.5% gross return- Strict rental regulations and tenant protection laws- Property management responsibilities and costs- Vacancy risk and seasonal demand fluctuations- Higher capital gains tax on investment properties

Which Copenhagen areas offer the best investment potential for apartment buyers?

Copenhagen's smartest investment areas for apartment buyers combine current affordability with strong growth potential driven by development projects and demographic shifts.

1. **Carlsberg Byen** offers exceptional investment potential with its mixed-use development attracting both families and professionals. The area combines historic brewery architecture with modern amenities, creating unique market appeal.2. **Nordhavn** represents Copenhagen's most ambitious sustainable development, featuring modern apartments and infrastructure that appeals to environmentally conscious buyers. The area's planned expansion promises significant value appreciation.3. **Vesterbro and Nørrebro** continue their gentrification trajectory, attracting young professionals and international residents. These areas offer lower entry costs with strong rental demand and appreciation potential.4. **Islands Brygge** maintains its position as a premium waterfront location with modern apartments and harbor views. The area's established appeal provides stability for both rental income and capital appreciation.5. **Amager** presents emerging opportunities with new infrastructure projects and development plans. The area offers more affordable entry points while benefiting from Copenhagen's overall growth.

It's something we develop in our Denmark property pack.

Can you provide examples of Copenhagen apartment listings and recent sales prices?

Copenhagen apartment listings demonstrate the significant price variations across districts and property types, providing concrete examples for potential buyers.

**Recent Sales Examples:**- **Frederiksberg:** 2-bedroom, 70 sqm apartment sold for DKK 4.9 million (DKK 70,000 per sqm)- **Islands Brygge:** 2-bedroom, 80 sqm apartment sold for DKK 4.4 million (DKK 55,000 per sqm) - **Nørrebro:** 1-bedroom, 50 sqm apartment sold for DKK 2.5 million (DKK 50,000 per sqm)- **Valby:** 2-bedroom, 75 sqm apartment sold for DKK 3 million (DKK 40,000 per sqm)**Current Market Examples:**- **Christianshavn:** 3-bedroom, 95 sqm listed at DKK 5.7 million (DKK 60,000 per sqm)- **Østerbro:** 2-bedroom, 65 sqm listed at DKK 3.6 million (DKK 55,385 per sqm)- **Vesterbro:** 1-bedroom, 55 sqm listed at DKK 2.8 million (DKK 50,909 per sqm)- **Amager:** 2-bedroom, 80 sqm listed at DKK 3.2 million (DKK 40,000 per sqm)

These examples illustrate how location, size, and building quality significantly impact Copenhagen apartment pricing. Buyers should note that actual transaction prices may vary from listing prices based on market conditions and negotiation outcomes.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. InvestRopa Copenhagen Property Analysis
2. InvestRopa Copenhagen Area Guide
3. InvestRopa Copenhagen Real Estate Trends
4. Relocate.me Copenhagen Cost of Living
5. InvestRopa Copenhagen Real Estate Market
6. Global Property Guide Denmark Price Trends
7. Numbeo Copenhagen Stockholm Comparison
8. Global Property Guide Denmark Buying Guide
9. Bomae Copenhagen Apartment Buying Guide
10. The Global Economy Denmark Mortgage Rates