Property taxes and running costs in Denmark
Property value tax, land tax, interest deduction and the recurring costs of owning a home.
Applies to: Denmark. Reviewed 2026-09-25.
Key takeaways
- Property tax is made up of the state property value tax and the municipal land tax.
- Property value tax is 0.51 per cent of 80 per cent of the value and 1.4 per cent above the threshold.
- Land tax is set by the municipality, at most 30 per mille of the land value.
The property taxes
Property value tax is 0.51 per cent of 80 per cent of the home's value. On the part above the progression threshold, DKK 9,007,000 for 2026, the rate is 1.4 per cent. Land tax is paid to the municipality on the land value at the municipal rate, up to 30 per mille.
Interest deduction
Mortgage interest is deducted as negative capital income. The tax value is higher for the first DKK 50,000 per person than for amounts above that.
Other costs
- Buildings insurance (required by the lender) and contents insurance.
- Heating, electricity, water and drainage.
- Waste collection, chimney sweeping and road charges.
- Ongoing maintenance of roof, façade, windows and installations.
Questions to ask
- What is the provisional property tax for this home after purchase?
Red flags
- You budget with the seller's tax, which can change when the home changes hands.
Sources
- Property value tax on your home (Vurderingsstyrelsen)
- Rates and thresholds for property taxes in 2025 and 2026 (Lovguiden (Skatteministeriet))
- Deduction for interest expenses (Skattestyrelsen)