Re:locate Award Nomination
Each year, Re:locate Magazine hosts the prestigious Relocate Awards and Settwell Relocation is proud to have made the short list this year!
Best Relocation Service Provider of the Year in Denmark.
Settwell to win 2016 Corporate Intl Global Award
Settwell now placed in Dokk1
The inspiring building Dokk1 is the new home of Settwell Relocation in Aarhus.

Settwell Relocation
Rolighedsvej 9
DK-1958 Frederiksberg C

Settwell Relocation
Dokk1
Hack Kampmanns Plads 2, niveau 3 
DK-8000 Aarhus C

Phone: +45 3534 9295
info@settwell.dk
www.settwell.dk

Housing

In 2014 Denmark was ranked as the 19. most expensive city in the world according to Xpatulator. Cost of living is high both when talking about rental prices and consumer goods and Denmark is climbing up the ladder. 

The rental market is busy and finding a suitable rental property can be difficult. Rental laws and negotiations are often complex but the Settwell counsellors work closely with professional leasing agencies to ensure the best possible terms and conditions for our clients. The Settwell counsellors are always ready to guide you every step of the way.

Apartment numbers

Understanding apartment buildings
Tv = to the left
Th = to the right
St = ground floor

5th Floor/attic              5th Floor/attic
---------------------------------------
4tv                                    4th
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3tv                                    3th
---------------------------------------
2tv                                    2th
---------------------------------------
1tv                                    1th
---------------------------------------
st tv                                  st th
---------------------------------------
Basement

Furniture

Danes are very much into decorating their homes, which is why furniture stores are located everywhere:

Bedre Nætter

Bo Concept

Bolia

Casa Shop

Casanova Furniture

Daelles Bolighus

Idemøbler

IKEA

Ilva

Paustian

 

Hiring an interior designer can also be a smart decision to create the right functional and quality interior environment:

Anne-Mette Fiil

Busy Bees Boligstyling

Home Sweet Spot

KamillaRosadoCPH 

Space Copenhagen 

Insurance

Settwell Relocation recommends you to take out contents insurance to cover your belongings during your stay in Denmark. The contents insurance includes a third-party liability insurance. We also recommend to take out an accident’s insurance.

Kindly contact some of the companies below for a free quotation. Remember that many factors are taken into consideration when calculating the price such as coverage amount, deductible, address, age etc. The insurance companies will assist you determining your specific needs and costs.

Alka Forsikring

Alm. Brand Forsikring

Codan Forsikring

Danske Forsikring

Købstædernes Forsikring

Top Danmark

Trekroner Forsikring

Tryg Forsikring

Move in/out and utilities

It is important that a move in inspection is performed at the start of the rental period. During the inspection, photos will be taken and a report will be created to clearly document the condition of the property at the time of take over. Both photos and the report are to be shared with both the tenant and the landlord for future reference. The tenant has 14 days from start date in the rental contract to add any additional comments to the report.

At the move in, the utility meters will be read. Utilities are like electricity, heating and water consumption and most often not included in the rent. How much one has to pay depends on the consumption. A property is equipped with meters that record the consumption. Settwell will report the readings to the utility companies. Some times central heating is included in the rent as a monthly payment in advance. In this instance, the actual amount of consumed heating is read by the utility company once a year and post a note by the front door on when to expect a visit.

At the move out, the utility meters will be read again and reported to the provider by Settwell. Otherwise, the tenant risks paying for more than consumed and will be held responsible for the consumption until the next tenant registers as a consumer.

Electricity in Denmark is 230 Volts and the electrical frequency is 50 Hertz. The two most common types of plugs are:
Plug C: Popularly known as the Euro plug. It is a two-pin unearthed plug
Plug K: Has two round pins and a spade grounding pin

Paying utility bills

Bills in Denmark are based on an estimate of consumption and are adjusted annually when meters are read.

Bills must be paid within approximately 14 days of receiving it. Bills will be sent as general post. With the utility bill often follows a Girokort stating the amount of payment.

There are several ways to pay a girokort: 

  • Post office A service fee is charged for each girokort (around DKK 20,- each) 
  • E-banking Girokort can be paid via e-banking and is free of charge. Kindly log on to e-banking and go to “payment card” (indbetalingskort). Fill in the payment information as well as the number at the bottom on the Girokort. NemID code card is required when paying online.
  • Betalingsservice (PBS) Betalingsservice is an automated direct debit service operated by the banks. All companies encourage their clients to use Betalingsservice. Payments will be done automatically on due date. All information is via e-banking – no general post is sent out. Please contact your bank for information on setting up Betalingsservice.

Real estate purchase

There are certain regulations to be aware of when purchasing a property in Denmark.  

EU citizens can purchase a property without prior permission against confirmation that the property will be used for all year residence, whereas Non-EU citizens must gain approval from the Ministry of Justice.

Websites list all residential properties for sale in Denmark. The websites are in Danish but fairly straightforward to navigate and provide links to the respective real estate agents:

Boliga
Boligsiden

When having found the right property, it is advisable to have an inspection report done. An inspector will check the property for dampness or construction errors against a fee. An inspection report can be translated. The real estate agent drafts the purchase agreement (skøde). Inevitably there is a lot of paperwork involved in purchasing property in Denmark, which is why we recommend having a lawyer check through the agreement, run checks with the local council, read survey reports and sign for completion of contracts. Furthermore, a lawyer can inform about mandatory fees and taxes. There are no legal or administrative restrictions on foreign investors’ access to take out local mortgage. Most long-term finance in Denmark is provided through mortgage institutions with the possibility to borrow up to 80% of the purchasing price with repayment periods spanning from 10 to 30 years.

The two largest institutions are:
Realkredit Danmark
Nykredit

For more information on real estate purchase in Denmark, please visit the homepage of the Ministry of Foreign Affairs of Denmark and the Danish Ministry of Justice.

Removal

When relocation, Settwell Relocation understands that the removal of household goods is a delicate requirement. It is essential that household goods are moved quickly and safely anywhere in the world. 

For that reason, Settwell Relocation has a close partnership with the domestic and international removal company Move-it. Move-it has handled international removals for years and is a professional, reliable and cost-effective company with well trained staff to undertake any removal.

Please find more information on Move-it and their services here

 

Rental properties

The rental market in Denmark is very competitive and busy. Fast decisions are often required as rental properties are leased quickly. Professional housing agencies have both apartments and houses listed all over Denmark. The Settwell counselors work closely with professional housing agencies and are kept up to date on properties listed in order to always assure a high level of service.

Deposit
It is standard that a 3 months deposit is paid to the landlord when renting a property. This amount, plus the 1st months rent, is to be paid at the time the rental contract is signed. This deposit will be held by the landlord for the entire rental period and can only be used in the event that the tenant has not upheld their move out responsibilities as outlined in the rental contract for instance payment of utilities, repairs of damages, painting etc. A landlord also has the right to charge up to 3 months of pre-paid rent. In this case, the tenant will stop paying rent for the last 3 months of the lease period.

Kindly note that in some cases, it is possible to negotiate on the 3 months of pre-paid rent, however, it is usually not possible to negotiate on the 3 months deposit.

Termination clauses
It is important that an early termination clause is included in all rental contracts. Settwell will do the best to have both following clauses included, however, cannot guarantee that the landlord will accept the latter.

Diplomatic clause
The rental contract cannot be terminated by the landlord, however, the tenant may terminate it with a 3 months notice period to the 1st of the month in the event that tenant has to leave Denmark due to circumtances that are unknown at the time of signing the rental contract.

9 + 3 Clause
The rental contract cannot be terminated by the landlord, however, the tenant may terminate it for any reason after the first 9 months of the contract period. The notice period is 3 months to the 1st of the month which means that the tenant is locked into the rental contract for at least 12 months.

Take-over condition
It is standard that the property is taken over in either ‘as is’ or ‘newly renovated/newly painted’ condition.  It is very important to fully understand the specific take-over conditions before signing a rental contract.

As is
In this instance, the property is to be returned in the same condition as it was taken over in, taking into consideration normal wear and tear. If you have made any picture holes, they should be repaired and if any large marks or damages have been made in the property for instance to floors or counter tops, they should also be repaired.

Newly renovated/newly painted
In this instance, the property will need to be returned in the exact same condition it was taken over in. Therefore, it is very important to clarify exactly what is included in this description before the rental contract is signed. In most cases, a newly renovated property means that the walls, ceiling and wood work will need to be painted and that all floors and countertops will need to be refinished and treated etc. In addition, it is standard that the work must be performed by a ‘moms’ (tax) registered workman, which can be very expensive. In some cases, a newly painted apartment means that only the walls need to be re-painted.

Please ask a Settwell counselor for more information.