Denmark Proposes Lower Property Taxes for 30,000 Apartments

Homeowners and prospective buyers in Denmark may soon pay lower property taxes.

The Danish government proposed a new law to lower property value assessments.

This reform covers about 30,100 owner-occupied apartments across 31 municipalities.

The measure helps apartment owners avoid inflated property tax assessments through 2027.

The proposal ensures local taxes reflect regional housing market realities.

It corrects steep price hikes that previously pushed up valuations in Copenhagen.

This change allows foreign residents buying property to plan tax obligations clearly.

The Copenhagen Post reported the new legislative proposal.