This is honestly the first comment I've ever left at a UA-cam video, but all of your content is just SO valuable! You feel like a big brother giving all of us expat kids advice into adulting!
Thanks a ton for the highly well researched and useful content Mario. Came here from your medium article and pretty much watching one of your videos a day!
Hi Mario - thanks for your brilliant videos! Think your videos are fantastic and never hesitate to share with others. I was wondering if you had any tips, recommendations or knowledge re setting up a will in Denmark or even an upcoming video with this content? 🙂
Thank you for the nice comment Alice! I can't help with your question though. I have no idea. But I trust it's relatively easy to do it in Denmark? Most paperwork here is very efficient.
Now I'm paying a rent of 8000 including utilities for a 2 room apartment, and If I buy, I'll be paying about 15000/month (fixed mortgage, incl. erudgift, utilities). That's a huge difference. I don't understand how people can spend less when buying..
Good stuff, thank you very much! One question always comes to my mind when housing prices are compared internationally: Are those comparisons adjusted by the very different ways to calculate area? I don’t know how it is done outside of Denmark and Germany, in Denmark at least, a lot of area that cannot really be used is taken into account. To the best of my knowledge, the same apartment could be listed with 20-30 % more square meters in Denmark than it would be in Germany. Which would artificially decrease the housing cost per square meter in Denmark by a lot.
Yes, you've a good point Christoph! I should've included that. I don't know about the other places, but this for sure helps the sqm prices to look lower than they should be
Would love to hear your thoughts on this now that rates are really rising. Would you personally hold off on buying until apartment prices adjust to the higher rates or just buy anyway rather than trying to time the housing market? Cheers!
Thank you for this Mario. Me and my husband was about considering doing this rental but then i watched your video and then it made me think again 😅 my husband is danish and i am a filipino... I have been eyeing on investing assets in Philippines instead coz my enemy here in Denmark is mr. tax. 😅 Would you give advice if this is a good idea because again in time, i will have to declare my SALN in dk... Plus, i have no plans on staying in PH (only for vacation) but not sure yet coz pension and retirement looks pretty good here. Thanks! More power to you 😊
Hey! I thought I had replied -- sorry! I think it's okay investing in assets abroad but you'll still have to pay taxes in DK so long you're a tax resident here.
When you compare the price per square meter in Cph with other major cities, do you compare BBR or Tinglyst area? If you compare BBR (which I assume you do), it distorts the Cph prices to look cheaper than they actually are.
@@MarioScianHQ Living in Sweden, I know how apartments are measured here and they measure the full living space only. Not only that, in older apartments, the measurements could in fact be lower on paper than in reality. However, taking into account that the Swedish housing association model is more similar to "Andelslejligheder" than "Ejerlejligheder" in DK, but with a different kind of rent control it also skewes the comparison in the other direction. All in all, I hardly think it makes sense to compare major cities in different countries based on square meter prices. There are simply too many national differences not taken into account that makes such a comparison useful.
Hi Mario, a somewhat silly question but it is important to me that the apartment I buy has some sort of storage space. How can I know if the apartment that I am buying has a basement storage space (or some kind of storage space where it is possible to store luggage/furniture/anything)?
The Salgsopstilling (I made a video about them) outlines if you've storage space as e.g. basement but not sure whether they add always the size. You can ask the agents directly as well.
This is honestly the first comment I've ever left at a UA-cam video, but all of your content is just SO valuable! You feel like a big brother giving all of us expat kids advice into adulting!
That's so nice of you Janet! I wish I would be as good as you think I am haha -- glad my content helps!
Thanks a ton for the highly well researched and useful content Mario. Came here from your medium article and pretty much watching one of your videos a day!
Thank you so much for the nice comment Niranchana!
Good stuff Mario! Very well articulated and explained covering fundamentals and risks :)
Thank you!
Great analysis of the market situation in Copenhagen. Thank you!
Glad you liked it!
Well done Mario! Great content and newsletter ;) keep it up 👍
Thanks! Appreciate the feedback!
Thank you very much for the video
Great content. Thank you Mario.
Thanks for the feedback!
Thank you for the video. Waiting for the next ones :)
Thanks for the feedback! 😀
Hi Mario - thanks for your brilliant videos! Think your videos are fantastic and never hesitate to share with others.
I was wondering if you had any tips, recommendations or knowledge re setting up a will in Denmark or even an upcoming video with this content? 🙂
Thank you for the nice comment Alice!
I can't help with your question though. I have no idea. But I trust it's relatively easy to do it in Denmark? Most paperwork here is very efficient.
Now I'm paying a rent of 8000 including utilities for a 2 room apartment, and If I buy, I'll be paying about 15000/month (fixed mortgage, incl. erudgift, utilities). That's a huge difference. I don't understand how people can spend less when buying..
If you get a loan without repayments (afdragsfritlån) you'll end up paying less (very likely)
Good stuff, thank you very much! One question always comes to my mind when housing prices are compared internationally: Are those comparisons adjusted by the very different ways to calculate area? I don’t know how it is done outside of Denmark and Germany, in Denmark at least, a lot of area that cannot really be used is taken into account. To the best of my knowledge, the same apartment could be listed with 20-30 % more square meters in Denmark than it would be in Germany. Which would artificially decrease the housing cost per square meter in Denmark by a lot.
Yes, you've a good point Christoph! I should've included that. I don't know about the other places, but this for sure helps the sqm prices to look lower than they should be
Would love to hear your thoughts on this now that rates are really rising. Would you personally hold off on buying until apartment prices adjust to the higher rates or just buy anyway rather than trying to time the housing market? Cheers!
I filmed an update video to this one - it's coming out next week 😀
@@MarioScianHQ you’re too good! I look forward to it thanks 🙏
Thank you for this Mario. Me and my husband was about considering doing this rental but then i watched your video and then it made me think again 😅 my husband is danish and i am a filipino... I have been eyeing on investing assets in Philippines instead coz my enemy here in Denmark is mr. tax. 😅 Would you give advice if this is a good idea because again in time, i will have to declare my SALN in dk... Plus, i have no plans on staying in PH (only for vacation) but not sure yet coz pension and retirement looks pretty good here. Thanks! More power to you 😊
Hey! I thought I had replied -- sorry! I think it's okay investing in assets abroad but you'll still have to pay taxes in DK so long you're a tax resident here.
When you compare the price per square meter in Cph with other major cities, do you compare BBR or Tinglyst area? If you compare BBR (which I assume you do), it distorts the Cph prices to look cheaper than they actually are.
Yep! You've a good point and not the first one to raise it :) But we also don't know how the other countries measure, too...
@@MarioScianHQ Living in Sweden, I know how apartments are measured here and they measure the full living space only. Not only that, in older apartments, the measurements could in fact be lower on paper than in reality. However, taking into account that the Swedish housing association model is more similar to "Andelslejligheder" than "Ejerlejligheder" in DK, but with a different kind of rent control it also skewes the comparison in the other direction.
All in all, I hardly think it makes sense to compare major cities in different countries based on square meter prices. There are simply too many national differences not taken into account that makes such a comparison useful.
Hi Mario, a somewhat silly question but it is important to me that the apartment I buy has some sort of storage space. How can I know if the apartment that I am buying has a basement storage space (or some kind of storage space where it is possible to store luggage/furniture/anything)?
The Salgsopstilling (I made a video about them) outlines if you've storage space as e.g. basement but not sure whether they add always the size. You can ask the agents directly as well.
@@MarioScianHQ Thanks :)