Authored by the expert who managed and guided the team behind the Norway Property Pack
Yes, the analysis of Bergen's property market is included in our pack
Bergen is one of Norway's most attractive real estate markets, with strong price growth and properties that sell faster than almost anywhere else in the country.
In this guide, we break down what you can realistically buy in Bergen at different budget levels, from $100k all the way to luxury, with current housing prices and neighborhood examples.
We constantly update this blog post to reflect the latest market conditions in Bergen.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Bergen.
What can I realistically buy with $100k in Bergen right now?
Are there any decent properties for $100k in Bergen, or is it all scams?
With $100,000 (around NOK 1,000,000 at early 2026 exchange rates), you can find decent small apartments in Bergen's outer districts like Åsane or Bergen Vest, typically micro-studios or small one-room units in older buildings that may need some updating.
For this budget in Bergen in 2026, the best value and most legitimate options are found in neighborhoods like Åsane (where prices average around NOK 49,000 per square meter), Bergen Vest including Loddefjord and Olsvik (around NOK 50,000 per square meter), and parts of Fyllingsdalen which offers good transit access and post-war housing stock.
Buying in popular or upscale areas like Bergen Sentrum for $100k is extremely difficult because central Bergen apartments average around NOK 74,000 per square meter, which means your budget would only cover roughly 13 to 14 square meters, and units that small rarely exist as normal apartments.
What property types can I afford for $100k in Bergen (studio, land, old house)?
For around NOK 1,000,000 in Bergen in 2026, your realistic options include micro-studios or small one-room apartments in outer districts like Åsane and Bergen Vest, fixer-upper units where the low price reflects poor condition, or occasionally housing cooperative (borettslag) shares that avoid the 2.5% document duty but may carry higher monthly common costs.
At this $100k price point in Bergen, you should typically expect cosmetic-to-significant renovation needs because Norway has high construction input costs and even simple upgrades like kitchen or bathroom surfaces can quickly add NOK 100,000 to 300,000 to your total investment.
For long-term value at the $100k level in Bergen, small apartments in well-connected outer districts like Åsane or Fyllingsdalen tend to perform better than fixer-uppers in less accessible locations because these areas maintain steady demand from students, young professionals, and families seeking affordable housing near transit.
What's a realistic budget to get a comfortable property in Bergen as of 2026?
As of early 2026, the realistic minimum budget to get a comfortable property in Bergen is around NOK 3,000,000 to 4,000,000, which translates to roughly $300,000 to $400,000 USD or around €280,000 to €370,000 EUR.
Most buyers in Bergen in 2026 who want a comfortable standard without major compromises need a budget range of NOK 3,500,000 to 5,000,000 (roughly $350,000 to $500,000 USD or €325,000 to €460,000 EUR), depending on whether they prioritize location or space.
In Bergen specifically, "comfortable" generally means a properly laid out one or two-bedroom apartment of at least 50 to 70 square meters, in decent condition without major renovation needs, and with reasonable monthly common costs if it's a housing cooperative.
This required budget can vary dramatically by neighborhood in Bergen: in central Sentrum you might need NOK 4,500,000 or more for a comfortable apartment, while in outer districts like Åsane or Fyllingsdalen you could achieve similar comfort for NOK 2,500,000 to 3,000,000.
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What can I get with a $200k budget in Bergen as of 2026?
What "normal" homes become available at $200k in Bergen as of 2026?
As of early 2026, with $200,000 (approximately NOK 2,000,000), "normal" homes in Bergen start to include small but livable one-bedroom apartments or generous studios in outer districts like Åsane, Bergen Vest, or Fyllingsdalen, typically in older buildings that are not total renovation projects.
For this budget in Bergen in 2026, you can expect roughly 35 to 40 square meters in value-oriented districts like Åsane or Bergen Vest (where prices average NOK 49,000 to 50,000 per square meter), but only around 25 to 27 square meters if you insist on central Bergen Sentrum where prices reach NOK 74,000 per square meter.
By the way, we have much more granular data about housing prices in our property pack about Bergen.
What places are the smartest $200k buys in Bergen as of 2026?
As of early 2026, the smartest neighborhoods for a $200k budget (NOK 2,000,000) in Bergen include Åsane for its combination of space and family-oriented services, Bergen Vest for better square footage per krone, and Fyllingsdalen for its practical living environment with good light-rail transit connections.
These Bergen areas represent smarter buys than other $200k options because they offer both reasonable prices per square meter (around NOK 49,000 to 50,000) and broad, stable demand from students, young professionals, and families, which means you're more likely to resell quickly if needed.
The main growth driver in these smart-buy areas of Bergen is their accessibility: Åsane benefits from shopping centers and family infrastructure, Fyllingsdalen connects to the Bybanen light rail, and Bergen Vest appeals to buyers priced out of central areas who still want decent transit options.
We have made this infographic to give you a quick and clear snapshot of the property market in Norway. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
What can I buy with $300k in Bergen in 2026?
What quality upgrade do I get at $300k in Bergen in 2026?
As of early 2026, moving from $200k to $300k (from NOK 2,000,000 to NOK 3,000,000) in Bergen typically unlocks more normal apartment layouts with a proper separate bedroom, better overall condition so you can avoid the worst fixer-uppers, and access to nicer micro-locations within outer districts.
Yes, $300k can buy a property in a newer building in Bergen right now, especially outside Bergen Sentrum in districts like Åsane, parts of Bergen Vest, and along southern corridors toward Fana or Ytrebygda, though newer buildings often come with higher monthly common costs for shared facilities and elevators.
At this NOK 3,000,000 budget in Bergen in 2026, you typically gain features like better natural light, a proper balcony, updated bathrooms or kitchens, and more storage space, along with buildings that have been better maintained over time.
Can $300k buy a 2-bedroom in Bergen in 2026 in good areas?
As of early 2026, yes, $300k (NOK 3,000,000) can often buy a 2-bedroom property in good outer districts of Bergen, though "good areas" at this budget typically means well-regarded neighborhoods outside the most central prestige streets rather than prime Sentrum locations.
Specific good areas in Bergen offering 2-bedroom options at this $300k budget include Åsane (NOK 49,000 per square meter), Bergen Vest (NOK 50,000 per square meter), better pockets of Fyllingsdalen, and the more affordable parts of Laksevåg that are closer to the city center.
A $300k 2-bedroom in these Bergen areas typically offers around 55 to 60 square meters based on current price-per-square-meter averages, which is enough space for a comfortable layout with two separate bedrooms, a living area, and a proper kitchen.
Which places become "accessible" at $300k in Bergen as of 2026?
At $300k (NOK 3,000,000) in Bergen in 2026, neighborhoods like Sandviken, Møhlenpris, Nygård, and the better parts of Laksevåg become accessible, meaning you can realistically shop for apartments in these areas rather than being priced out entirely.
These newly accessible Bergen areas are more desirable than lower-budget options because Sandviken offers historic character with close proximity to the city center, Møhlenpris and Nygård benefit from university demand and vibrant neighborhoods, and inner Laksevåg provides city-adjacent living without central prices.
In these newly accessible Bergen neighborhoods for $300k, buyers can typically expect a well-located one-bedroom apartment with better finishes, or occasionally a compact two-bedroom in an older building that may need minor updates.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Bergen.
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What does a $500k budget unlock in Bergen in 2026?
What's the typical size and location for $500k in Bergen in 2026?
As of early 2026, $500,000 (approximately NOK 5,000,000) in Bergen typically buys a comfortable 65 to 70 square meter apartment in or near central areas like Sentrum, or a larger 80 to 100 square meter property in family-oriented outer districts like Fana or Åsane.
At $500k in Bergen, buying a true family home with dedicated outdoor space like a garden is still challenging in desirable zones, but you can realistically get a larger apartment with a generous balcony or terrace, or occasionally a small townhouse or rowhouse in certain outer areas.
For NOK 5,000,000 in Bergen in 2026, a typical property offers two to three bedrooms and one to two bathrooms, with the exact configuration depending on whether you prioritize a central location (fewer bedrooms but better address) or an outer district (more space for the money).
Finally, please note that we cover all the housing price data in Bergen here.
Which "premium" neighborhoods open up at $500k in Bergen in 2026?
At $500,000 (NOK 5,000,000) in Bergen in 2026, premium neighborhoods that open up include Nordnes with its iconic central peninsula atmosphere, Sandviken with its historic character and fjord proximity, and the better parts of Fana like Paradis and Hop which offer a more upscale suburban feel.
These Bergen neighborhoods are considered premium because Nordnes provides walkable city living with cultural landmarks and waterfront views, Sandviken combines historic wooden architecture with easy access to downtown, and Fana offers larger properties, family-friendly infrastructure, and a reputation as one of Bergen's more established residential areas.
In these premium Bergen neighborhoods for $500k, buyers can realistically expect a well-maintained two-bedroom apartment with good light and views in Nordnes or Sandviken, or a spacious three-bedroom family apartment in Fana with room for comfortable everyday living.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Norway 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 counts as "luxury" in Bergen in 2026?
At what amount does "luxury" start in Bergen right now?
In Bergen in 2026, luxury real estate generally starts at around NOK 8,000,000 to 10,000,000, which translates to roughly $800,000 to $1,000,000 USD or approximately €740,000 to €925,000 EUR, where you begin buying scarcity features rather than just space.
At this entry point to luxury in Bergen, properties typically feature prime waterfront or fjord views, exceptional architectural quality, top-floor penthouses with terraces, historic character in protected buildings, or particularly prestigious addresses in Nordnes or Sandviken.
Bergen's luxury threshold is somewhat lower than Oslo's, where luxury often starts above NOK 15,000,000, but Bergen's premium properties command strong prices because of the city's limited supply of truly exceptional waterfront and historic properties.
For mid-tier luxury in Bergen, expect NOK 10,000,000 to 15,000,000 ($1,000,000 to $1,500,000 USD or €925,000 to €1,400,000 EUR), while top-tier luxury properties with the best views and locations can reach NOK 20,000,000 or more ($2,000,000+ USD or €1,850,000+ EUR).
Which areas are truly high-end in Bergen right now?
The truly high-end neighborhoods in Bergen right now include Nordnes (particularly the waterfront streets), selective prime locations in Sandviken with fjord views, the most prestigious addresses near Sentrum, and premium pockets in southern Bergen along the Fana corridor near Paradis, Hop, and Nesttun.
These Bergen areas are considered truly high-end because Nordnes offers unmatched walkability combined with historic architecture and water views, Sandviken provides character homes with proximity to both nature and downtown, and the Fana premium areas deliver larger properties with gardens and access to exclusive schools and amenities.
The typical buyer profile in these high-end Bergen areas includes successful business owners and executives, established professionals in oil, shipping, or finance sectors, wealthy retirees downsizing from larger estates but wanting prime addresses, and occasionally international buyers seeking a foothold in Norway's second-largest city.
Don't buy the wrong property, in the wrong area of Bergen
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How much does it really cost to buy, beyond the price, in Bergen in 2026?
What are the total closing costs in Bergen in 2026 as a percentage?
As of early 2026, total closing costs for buying property in Bergen typically range from 2.6% to 3.2% of the purchase price for standard freehold (selveier) properties, though housing cooperative (borettslag) purchases can be significantly cheaper because they often avoid the main document duty.
The realistic low-to-high percentage range covering most standard Bergen transactions is 2.5% to 4%, with the lower end applying to simple borettslag share transfers and the higher end including optional legal assistance or translation services for foreign buyers.
The specific fee categories that make up this total percentage in Bergen include the 2.5% document duty (dokumentavgift), which is the main cost, plus registration fees (tinglysingsgebyrer) of NOK 545 per document, and potentially lawyer or advisor fees if you choose to use professional help.
To avoid hidden costs and bad surprises, you can check our our pack covering the property buying process in Bergen.
How much are notary, registration, and legal fees in Bergen in 2026?
As of early 2026, notary-style functions in Bergen are handled through the land registry (Kartverket) rather than separate notaries, with registration fees at NOK 545 per document (around $55 USD or €50 EUR), and optional legal fees for foreign buyers typically ranging from NOK 15,000 to 40,000 ($1,500 to $4,000 USD or €1,400 to €3,700 EUR).
In Bergen in 2026, these registration and legal fees typically represent less than 1% of the property price, with the bulk of buyer transaction costs coming instead from the 2.5% document duty on freehold properties.
Of these three fee types in Bergen, legal fees are usually the most expensive if you choose to hire a lawyer, but they are also optional; the mandatory registration fees are minimal at NOK 545 per document, and there is no separate "notary" cost because Norway's system doesn't use traditional notarization for property transfers.
What annual property taxes should I expect in Bergen in 2026?
As of early 2026, annual property tax (eiendomsskatt) in Bergen for a typical apartment is often quite modest, frequently landing in the range of NOK 2,000 to 8,000 per year ($200 to $800 USD or €185 to €740 EUR) because of the generous deduction and low rate.
Bergen's property tax in 2026 is calculated at 2.6 promille (0.26%) of the tax base, which is generally 70% of the property's assessed value from Skatteetaten, and there is a substantial deduction (bunnfradrag) of NOK 750,000 per approved dwelling unit that significantly reduces the taxable amount.
Property taxes in Bergen vary based on the municipality's valuation of your specific unit, so a central Sentrum apartment with a higher assessed value will pay more than a similarly priced outer-district apartment, even if the market prices are comparable.
Bergen does not offer major exemptions for foreign buyers specifically, but the NOK 750,000 deduction applies to everyone and substantially reduces or even eliminates property tax for lower-valued units.
You can find the list of all property taxes, costs and fees when buying in Bergen here.
Is mortgage a viable option for foreigners in Bergen right now?
Getting a mortgage as a foreigner in Bergen in 2026 is possible but significantly more challenging than for Norwegian residents, and many foreign buyers find that cash purchases or large down payments are the more realistic path to homeownership.
Norwegian banks typically offer loan-to-value ratios of 80% to 85% for residents under the lending regulations, but foreign buyers without Norwegian income often face stricter requirements including down payments of 15% to 25% or more; current mortgage interest rates in Norway average around 4.5% to 5.5% as of early 2026.
To qualify for a Norwegian mortgage, foreign buyers typically need stable Norwegian employment for at least two years, a Norwegian personal identification number (D-number or fødselsnummer), demonstrated income from Norwegian sources, and strong documentation including tax returns and bank statements.
You can also read our latest update about mortgage and interest rates in Norway.
We made this infographic to show you how property prices in Norway compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What should I predict for resale and growth in Bergen in 2026?
What property types resell fastest in Bergen in 2026?
As of early 2026, the property types that resell fastest in Bergen are small-to-mid sized apartments with one to two bedrooms in districts with broad demand from students, young professionals, and families, particularly in well-connected areas like Åsane, Fyllingsdalen, and near-central neighborhoods.
Bergen has some of the shortest selling times in Norway, with homes selling in an average of around 20 days according to Eiendom Norge data, which is significantly faster than the national average and signals strong buyer competition across most property segments.
Properties sell faster in Bergen when they are realistically priced, in good condition without major renovation needs, and located near the Bybanen light rail or other transit connections; apartments with good natural light and low monthly common costs also tend to attract quicker offers.
The slowest-selling properties in Bergen in 2026 tend to be unusual units like very small micro-apartments under 20 square meters, properties with poor light or noise exposure, apartments with exceptionally high monthly fellesutgifter (common costs), and units in older buildings that need significant renovation work.
If you're interested, we cover all the best exit strategies in our real estate pack about Bergen.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Bergen, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Norges Bank | Norway's central bank provides official exchange rates. | We used the USD/NOK daily rate to convert each USD budget into NOK. We kept the analysis in NOK since listings and fees are in NOK. |
| FINN Prisstatistikk (Bergen Sentrum) | FINN is Norway's dominant housing marketplace with real transaction data. | We used the average price per square meter for central Bergen as our baseline. We then converted each budget into approximate square meters. |
| FINN Prisstatistikk (Åsane) | Same nationwide platform focused on a specific Bergen district. | We used Åsane's price per square meter as a value-oriented benchmark. We compared it to central Bergen to explain trade-offs. |
| FINN Prisstatistikk (Fana) | FINN's consistent methodology allows fair neighborhood comparisons. | We used Fana's data to represent a more premium family area. We explained what becomes possible at higher budget levels. |
| Eiendom Norge | Norway's real estate industry body behind widely cited housing statistics. | We used their data on selling times and Bergen's market speed. We translated that into practical resale expectations for buyers. |
| Kartverket | Norway's land registry with official fee schedules and rules. | We used the 2026 registration fees and 2.5% document duty to estimate closing costs. We simplified it into percentage ranges. |
| Bergen Kommune | The municipality's official page with exact 2026 tax rates. | We used the 2026 promille rate and NOK 750,000 deduction to estimate annual property tax. We simplified it into typical yearly amounts. |
| Statistics Norway (SSB) | Norway's national statistics agency with official price index methodology. | We used SSB data to ground our market trend analysis. We triangulated SSB's macro trends with Bergen-specific data from other sources. |
| Finanstilsynet | Norway's financial regulator with authoritative lending rule interpretations. | We used their guidance on mortgage regulations for the foreign buyer section. We framed realistic expectations for non-residents seeking loans. |
| Regjeringen (Norwegian Government) | Official government announcements on lending rule changes. | We used their updates to anchor what banks can do on down payments. We added practical context for how these rules apply to foreigners. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Norway. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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