Investment property in Norway: what to buy and what it costs

Want to buy property abroad? A manager will select properties for your budget and check the deal before registration. Find a property

Updated 23 October 2026

For sale · Fredrikstad, Lisleby district

Two-room apartment in Lisleby district

$271,900 (2,545,000 kroner)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Lisleby in northern Fredrikstad, on the banks of the Glomma river, with buses to the centre and the station. Fredrikstad is a town in the south-east of the country with an old fortress, and the train to Oslo takes about an hour, so apartments here are rented by people who work in both cities and by young families.

The most affordable entry

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For sale · Kristiansand, Lund district

Two-room apartment in Lund district

$295,700 (2,767,500 kroner)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Lund on the eastern bank of the Otra river, with buses to the centre of Kristiansand and the University of Agder campus. Kristiansand is the largest city in southern Norway, with a port and ferries to Denmark, and small apartments near the university are rented by students and teaching staff all year round.

For letting to students

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For sale · Trondheim, Moholt district

Two-room apartment in Moholt district

$327,500 (3,065,000 kroner)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Moholt in eastern Trondheim, with buses to the centre and the campuses of the Norwegian University of Science and Technology. Trondheim is the country's third city and its main technical university centre, so apartments here are rented by students, researchers and engineers.

Next to the university

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For sale · Drammen, Gulskogen district

Three-room apartment in Gulskogen district

$379,800 (3,554,600 kroner)

65 m² · 3 rooms

A 65 m² three-room apartment - a living room and two bedrooms, a kitchen and a balcony in Gulskogen in western Drammen, with its own railway station, schools and a shopping centre. The train from Drammen to Oslo takes about 35 minutes, so apartments here are rented by families who work in the capital.

For letting to families

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For sale · Bergen, Laksevåg district

Two-room apartment in Laksevåg district

$392,100 (3,670,300 kroner)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Laksevåg on the western shore of the bay opposite the centre of Bergen, with buses to the centre, schools and shops. Bergen is the country's second city, with a university and a large port, and apartments here are rented by students, port and shipping company staff and young families.

The country's second city

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For sale · Tromsø, Tromsdalen district

Two-room apartment in Tromsdalen district

$407,300 (3,812,200 kroner)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Tromsdalen on the mainland, across the bridge from the centre of Tromsø, with buses to the centre, schools and shops. Tromsø is the largest city above the Arctic Circle, with the Arctic University of Norway and a large hospital, and apartments here are rented by students, doctors and researchers.

A city above the Arctic Circle

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For sale · Stavanger, Hillevåg district

Three-room apartment in Hillevåg district

$466,700 (4,368,400 kroner)

65 m² · 3 rooms

A 65 m² three-room apartment - a living room and two bedrooms, a kitchen and a balcony in Hillevåg south of the centre of Stavanger, with buses to the centre and the Forus business district. Stavanger is Norway's oil capital, home to energy companies, and apartments here are rented by engineers and specialists' families.

The oil capital

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For sale · Oslo, Furuset district

Two-room apartment in Furuset district

$542,600 (5,078,400 kroner)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Furuset in eastern Oslo, by a metro station with trains to the centre, next to a shopping centre and schools. Oslo is the country's largest rental market, and apartments near the metro here do not stand empty.

An apartment in the capital

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Want to buy property abroad? A manager will select properties for your budget and check the deal before registration. Find a property

What properties investors buy in Norway

Above are the most interesting offers selected by our experts. The manager will find a property that fits your requirements.

Apartments for sale in Oslo, Bergen, Stavanger, Tromsø, Trondheim, Drammen, Kristiansand and Fredrikstad, rental yield, taxes, transaction costs and the purchase rules for foreigners.

A foreigner buys an apartment in Norway with no restrictions on citizenship and no permits, and the title is registered in the land register in your name. According to Statistics Norway, in the third quarter of 2026 apartments across the country sold for an average of $7,650 per m², in Oslo for $10,850 and in Bergen for $7,840. A two-room apartment in Fredrikstad can be bought for $271,900, in Trondheim for $327,500, and letting brings from 3.4% a year before tax in Oslo to 5% in Fredrikstad.

On this page: two-room apartments in Fredrikstad, Kristiansand, Trondheim, Bergen, Tromsø and Oslo, three-room apartments in Drammen and Stavanger, prices by city, rental yield, taxes, transaction costs and the purchase rules. In Norway the living room counts as a room: a two-room apartment is a living room with a kitchen and a bedroom. For letting, investors buy a freehold apartment: a share in a housing cooperative carries no 2.5% fee, but the cooperative's board restricts letting. The manager will confirm what is for sale today and the exact price.

The market in brief

Market entryfrom $271,900 (two-room apartment in Fredrikstad)

Average apartment price in the countryabout $7,650 per m² (third quarter of 2026)

Rental yieldfrom 3.4% a year before tax in Oslo to 5% in Fredrikstad

Buying rulesno restrictions on citizenship and no permits

Purchase costsa 2.5% fee on market value and a 545 kroner registration fee

Prices and rules as of 2026.

How much an apartment in Norway costs in 2026

Home prices in Norway are quoted in Norwegian kroner. According to Statistics Norway, in the third quarter of 2026 apartments in multi-dwelling buildings across the country sold for an average of 71,644 kroner per m², about $7,650. Oslo is the most expensive at an average of $10,850 per m², followed by Tromsø at $8,150 and Bergen at $7,840. In Drammen an apartment costs an average of $5,840 per m² and in Fredrikstad $5,440, half the Oslo price. Over the year prices across the country rose by 1.2%, in Tromsø by 10.3% and in Bergen by 9.7%, while in Oslo and Drammen they stayed at last year's level.

City	Average apartment price per m²	Prices year on year
Oslo	~$10,850	-0.5%
Tromsø	~$8,150	+10.3%
Bergen	~$7,840	+9.7%
Stavanger	~$7,180	+8.2%
Trondheim	~$6,550	+1.9%
Kristiansand	~$5,910	+2.1%
Drammen	~$5,840	-0.4%
Fredrikstad	~$5,440	+0.9%

Statistics Norway data on average transaction prices of apartments in multi-dwelling buildings for the third quarter of 2026; «Prices year on year» is the change against the third quarter of 2025. Kroner converted at the Norges Bank rate of 9.3601 kroner per dollar on 22 October 2026, dollars rounded.

What yield letting brings

The gross yield on long-term letting runs from 3.4% a year before tax in Oslo to 5% in Fredrikstad. According to the Statistics Norway rental survey, a 50 m² two-room apartment in eastern Oslo lets for about $1,550 a month, in Trondheim for $1,300, in Bergen for $1,280 and in Fredrikstad for $1,130. By law a fixed-term lease runs for at least three years, and the deposit is capped at six months' rent. Two-room apartments near universities are rented by students and young professionals, and three-room apartments by families.

Tax	Rate
Letting an apartment	22% of net income after maintenance and repair costs
Selling an apartment	22% of the gain; tax-free only if you owned the apartment for more than a year and lived in it for 12 of the last 24 months
Every year	wealth tax: 1% on assets in Norway above 1,900,000 kroner, ~$203,000; municipal property tax - up to 0.4% a year

Data for 2026: yield for the cities in the cards; the country comparison is in the rental yield table.

A non-resident also pays tax on rental income in Norway, the return is filed once a year, and the taxes of your own country have to be accounted for separately. For wealth tax an apartment held for letting is counted at its full market value. Rates and examples are on the taxes in Norway page.

What costs to add to the property price

Payment	Amount
Title registration fee	2.5% of the market value of a freehold apartment; no fee on a share in a housing cooperative
Norwegian Mapping Authority fee	545 kroner, ~$58, to register the title and the same to register a mortgage
Broker and settlement	the broker runs the bidding, and the buyer's money sits in the broker's client account until the title is registered; the seller usually pays the broker's commission
Building upkeep	a monthly contribution to the owners' association for repairs and services, separate from taxes

Data for 2026. For a $327,500 apartment in Trondheim the 2.5% fee and the title registration fee come to about $8,250; the lawyer, document translation and bank transfer fees are paid separately. The manager calculates the total for a specific property.

In Norway the apartment and the type of ownership are checked before the bid

Mistakes cost more than the deal: a binding bid at auction without checks, a cooperative share with a large common debt instead of a freehold apartment, defects from the condition report, a ban on letting in the building rules. Murblz support removes these risks: we select an apartment for your budget and goal, check the condition report, the land register extract and the type of ownership, calculate tax and yield, agree the payment route and handle the deal until the title is registered in your name.

The cost of support depends on the purchase budget and the goal - letting or a home for yourself; the manager will calculate it in the chat.

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Buying with no restrictions on citizenship, except farm land and forests

A foreigner buys an apartment in Norway with no restrictions on citizenship, without permits or a residence permit; a permit under the Concession Act is needed only for agricultural land, forests and plots over 100 decares. Apartments are sold at auction through a broker: a bid binds the buyer until the deadline stated in it, and the seller must provide a condition report on the apartment. To register the title you need a Norwegian national identity number or a temporary number for non-residents, and until registration the money sits in the broker's client account. An apartment is either freehold or a share in a housing cooperative, where you buy the right of use together with part of the common debt, so we check the type of ownership before the bid.

Buying an apartment does not give a residence permit: status is obtained through work, study or family. The broker and the bank must check where the buyer's money comes from, and a bid needs proof of financing, so we agree the payment route before the auction. The conditions for moving are on the moving to Norway page, and the manager will send a selection of apartments for your goal to the chat.

How we select a property

Budget and goal: letting or a home for yourself. The manager clarifies the city, the district and the type of ownership.
Buyer's documents: passport, a temporary Norwegian number, proof of the source of funds and proof of financing for the bid.
A selection of real properties and checks: the condition report, the land register extract, mortgages, debts and the owners' association rules - before the bid.
The deal: a bid at auction through the broker, the contract, the money in the broker's client account and registration of the title in your name.

The manager sends the selection to the chat, with sellers' prices on the date of the selection.

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Options in other countries

Investment property in other countries:

FAQ

How much does an apartment in Norway cost in 2026?

A two-room apartment in Fredrikstad costs $271,900, in Kristiansand $295,700, in Trondheim $327,500, in Bergen $392,100 and in Oslo $542,600. In the third quarter of 2026 apartments across the country sold for an average of $7,650 per m², in Oslo for $10,850.

Can a foreigner buy an apartment in Norway?

Yes, with no restrictions on citizenship, without permits or a residence permit. A permit under the Concession Act is needed only for agricultural land, forests and large plots, and the title is registered in the land register in your name.

Does buying property in Norway give a residence permit?

Buying property does not give a residence permit. Status is obtained through work, study or family, and an apartment for letting can be bought without moving.

What yield does letting an apartment in Norway bring?

From 3.4% a year before tax in Oslo to 5% in Fredrikstad. Rental income is taxed at 22% of net income after maintenance and repair costs.

What tax is paid when buying property in Norway?

For a freehold apartment you pay a 2.5% fee on market value and a 545 kroner fee, about $58, to register the title. A share in a housing cooperative carries no 2.5% fee.

What are the costs of buying property in Norway?

The 2.5% fee, the fees for registering the title and the mortgage, a lawyer and document translation. The seller usually pays the broker's commission, and for a $327,500 apartment in Trondheim the fee and registration come to about $8,250.

How does a share in a housing cooperative differ from a freehold apartment?

In a cooperative you buy a share with the right to use the apartment and part of the common debt, which you service through monthly payments, and the board restricts letting. A freehold apartment suits an investor better, so we check the type of ownership before the bid.

Where to buy an apartment for investment in Norway?

Fredrikstad, Kristiansand and Trondheim - for market entry from $271,900 and a yield of 4.7-5%: apartments near universities and stations here are rented by students and professionals. Oslo and Bergen - for letting on the country's largest markets.

Investment property in Norway: what to buy and what it costs

Two-room apartment in Lisleby district

Two-room apartment in Lund district

Two-room apartment in Moholt district

Three-room apartment in Gulskogen district

Two-room apartment in Laksevåg district

Two-room apartment in Tromsdalen district

Three-room apartment in Hillevåg district

Two-room apartment in Furuset district

What properties investors buy in Norway

How much an apartment in Norway costs in 2026

What yield letting brings

What costs to add to the property price

Buying with no restrictions on citizenship, except farm land and forests

How we select a property

Options in other countries

FAQ

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