Serviced offices in Norway

Locals and foreigners alike are free to purchase and occupy properties or invest in real estate in Norway. There is no property tax in Oslo, but there is a 2.5% transfer tax, known as the document fee, for every sale of property. Acquiring houses or flats in Norway is done through competitive bidding among buyers. A deadline is set for the final bids. Each bid is binding and must be honored when awarded. It is important that one does not participate in multiple bidding unless willing to honor...Read More >

In renting properties in Norway, there must always be a written tenancy agreement between the landlord and the tenant. There are two main types of contracts, namely, the fixed term agreements and the open agreements. Read More >

The real estate market in Norway was at its peak in 2007 but weakened along with the rest of the global economy the following year. In 2009, when the crisis eased and Banks loosened credits, prices raised once more. They may not be at pre-crisis levels but the market is beginning to look healthy again. Statistics show that row houses rose the fastest, followed by the detached houses and then the multi-dwelling houses. The low interest rate was a major driver as well. Read More >