Denmark:

Hotspots

property investment hotspots in denmark

Contents

Copenhagen

The capital city Copenhagen is one of Europe's oldest cities and the largest city in Denmark. There are several attractions that the city offers tourists such as modern architecture, theatres, museums, a lively night life and all year round festivals that show the culture of the capital. As Denmark is such a small country, investment tends to be centered in and around the capital city. Copenhagen has seen increasing investment over the past few years from both the government and commercial sectors. This includes an airport that is considered one of the best in the world, a new metro system, and the Øresund Bridge which opened in 2000 to link Copenhagen to the prosperous city of Malmo in Sweden. A limited amount of building land coupled with increased immigration to the city from employees of multinational companies, as well as Danes, has significantly improved property prices and indicates that demand may outstrip supply. Recent gains of up to 175% in 5 years have proved unsustainable but although growth has slowed, in 2006 the market was still up by 15.4%.

Aarhus

Aarhus is Denmark's second largest city and is the main employment hub outside the capital. The town has around 300,000 inhabitants, a large number of resident companies and good regional transport connections. St Clemens cathedral, Den Gamle By museum and Aarhus botanical gardens is an example of just a few of the family attractions that draw tourists to this city. To experience the culture within the city the Jyske opera or Symphony orchestra are known for their impressive performances.

Aarhus is also a university city, creating a well-educated workforce. There has been much harbourfront regeneration in recent years and, as a result, property is as sought-after as Copenhagen. In 2006 average prices were €268,500 for a standard family home.

Odense

The city is situated on the Odense river and is just over an hour away from Copenhagen. Odense has a small airport which regularly operates flights within Denmark and since May 2007 flights have been open to Burgas, Bulgaria, Nimes and France. Odense city has many attractions which draw tourists to the city each year; including the Odense city museum, Odense Theatre and the University of South Denmark which attracts students every year. Travelling within the city centre can mostly be done by foot but there is also a reliable transport system which visitors can use to see other parts of the city.

Aalborg

Aalbourg is the fourth largest city in Denmark with a population of 121,818 residents. Several big industries have been closed in recent years but the city still remains an industrial and commercial centre in Denmark. Jomfru Ane Gade is one of the most famous and popular streets in Aalborg and is known throughout Denmark. During the day the street supplies cafes and restaurants to its locals and in the evenings the clubs and bars offer a unique nightlife everyday of the week. The city centre offers tourists a number of sight seeing opportunities such as Aaborghus castle, Budolfi church cathedral and Aalborgtarnet, a tripod tower structured in 1933. Aalborg also has an annual carnival which usually attracts around 100,000 visitors from Denmark itself and other countries.

Vejle

Vejle is a small town with a population of 50,213. Situated at the top of the Vejle fjord this little town is an industrial centre that uses its main shipping port as a source of transportation to uphold the towns industry which is becoming increasingly based around food production. St Nikolai's church is one of the town's landmarks and Vejle's oldest building while a prominent windmill erected on the nearby hills has become a symbol for the town.

Roskilde

Roskilde is an ancient city and a key economic centre to the west of Copenhagen. Home to the oldest train station in Denmark the city helps to forge connections between Copenhagen and several surrounding towns and the islands of Falster and Lolland. The two main attractions are The Roskilde cathedral and the Viking museum which are situated close to each other making it easy to visit them both on a day trip from Denmark's capital, Copenhagen. Roskilde also has an annual rock music festival which has currently become one of the biggest rock festivals in Europe. All the money generated over this musical weekend is donated to charity making it a popular event.

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