4 ms·
Are the property taxes high?
by djanogo 6y ago
Are the property taxes high?
- useerup 6y agoThere's a property tax of 1% for home values up to around DKK 3M, and 3% for the value above 3M. That is the based on the "official estimated value", however, which is typically conservative and lagging and therefore somewhat less (like e.g. 60%) of what the property actually sells for. The 3M is set so that the vast majority of homes will not exceed this value. In addition to that we pay a "lot tax" which varies by municipality between 1.6% -3.4% of the value of the lot without the buildings.