Based on the Association of Danish

Based on the Association of Danish Mortgage banking institutions, the average prices of homes and real estate were DKK 18, 814 or 2445 Euros per square meter. This has seen an increase by no less than 3% since the previous year. There has also been a jump of 2% from the previous quarter last year. During the past two years, when the recession hit the entire world, the Denmark real estate listings as well took a major hit. With 2010, the recovery in international realty has seen an upswing.

In many regions and metropolitan areas of Denmark, there has been a sharp increase in the value of the many apartments and the flats. In Copenhagen, which is the capital of Denmark plus an extremely picturesque place, the average cost of the flats was shown to be 3056 Euros per square meter. The values have increased by as much as 5% in Copenhagen this year.

However the prices for the detached houses in Copenhagen have not increased in the same way as the apartments as well as the flats in high rise complexes. The average price for the detached houses for those interested in Denmark real estate for sale is priced at 1, 632 Euros. In fact the normal price is down since last year by almost 3%.

Copenhagen, which is also the biggest city of Denmark, has registered the average price of 2809 Euros per square meter in the first quarter with this month. In the previous year, around the same amount of time, the prices were much lower and were priced at 2648 Euros.

Denmark is tremendously cosmopolitan and there are people from all over Europe that come here to work and in addition come here as tourists. With the healing, the government is facing budgetary loss that are going to affect the unemployment benefits plus housing aids. This means that people have less cash to spend in comparison with citizens in other nation. In spite of this, the Denmark market is confident that the recovery definitely will continue and the prices will rise.

Investors that are looking for international rentals for investing in Denmark will be disappointed as of this moment. The Rental yields are in the choice of about 6%, which is quite a low profit. As the housing industry comes out of its slump, the rental yields will also boost.

The best part is that the taxes Beach	 sell house fast are quite very low for the real estate market in Denmark when compared to other countries in Europe. The rental income is chargeable that will vary on rates between 5 various. 48% - 15%. For firms, the capital gains tax rate might be 28%. For those that are non resident in Denmark, the rate is 32%. If the property is inherited simply by immediate family, then the inheritance taxes is 15%. However if the gift of money is for the spouse, then tax isn't charged.