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Real Estate in Bergen, Norway | Expat Exchange
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Real Estate in Bergen, Norway

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Universal Tax Professionals

By Joshua Wood, LPC

Last updated on Aug 12, 2024

Summary: The most desirable neighborhoods in Bergen, Norway are Fana, Ytrebygda, and Åsane. The average cost to buy a nice 2 bedroom home in Bergen is around $400,000 USD, while a nice 3 bedroom home is around $500,000 USD. These properties typically include modern amenities such as updated kitchens, bathrooms, and living spaces. They may also include balconies, terraces, and/or gardens. There are no restrictions on foreign ownership for properties in Bergen. An expat should search for a home to buy in Bergen by researching the different neighborhoods and their amenities, as well as looking at listings online or in local newspapers. It is also important to consider the cost of living in the area, as well as the availability of public transportation and other services.

How do I find a place to live in Bergen?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Bergen is to use online resources such as rental websites and classifieds. You can also search for local real estate agents who specialize in the Bergen area. Additionally, you can look for postings on social media sites such as Facebook and Twitter. Additionally, you can ask friends and family who live in the area for recommendations. Finally, you can also visit the city and look for rental signs in the windows of buildings," remarked one member in Bergen.

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What is a typical expat home or apartment like in Bergen?

"Expat homes and apartments in Bergen are typically modern and spacious, with large windows that let in plenty of natural light. Many of the apartments have balconies or terraces, offering stunning views of the city and the surrounding mountains. The interiors are often decorated with contemporary furnishings and feature high-end appliances. Expats in Bergen can also expect to find plenty of amenities in their neighborhoods, such as grocery stores, restaurants, and parks," said one expat in Bergen.

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What is the average cost of housing in Bergen?

If you are thinking about moving to Bergen, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Bergen is generally quite high. The average price for a one-bedroom apartment in the city center is around NOK 15,000 per month, while a three-bedroom apartment in the suburbs can cost around NOK 10,000 per month. Prices can vary depending on the location and size of the property," said one person in Bergen.

Should I buy or rent a home in Bergen?

If you have not spent a lot of time in Bergen, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Bergen can be a great investment. The city is known for its beautiful scenery, vibrant culture, and strong economy. The cost of living is relatively high, but the quality of life is excellent. Renting a home in Bergen can also be a great option, as it allows you to enjoy the city without the commitment of buying a home. You can also take advantage of the city's many amenities and attractions without the long-term financial commitment. Ultimately, the decision to buy or rent a home in Bergen will depend on your individual needs and preferences," said one person in Bergen.

What do I need to know when buying property in Bergen?

When we asked expats what advice they would give a foreigner before buying a property in Bergen, they said:

"When buying property in Bergen, it is important to be aware of the local laws and regulations. It is also important to research the local market and be aware of the current market trends. It is also important to be aware of the taxes and fees associated with buying property in Norway, such as the transfer tax and registration fees. It is also important to be aware of the different types of mortgages available in Norway, and to make sure that you are able to secure the necessary financing for the purchase. Finally, it is important to be aware of the different types of insurance available in Norway, such as home insurance and liability insurance," explained one expat in Bergen.

Are foreigners allowed to own property in Bergen?

When we asked expats what advice they would give a foreigner before buying a property in Bergen, they said...

"Yes, foreigners are allowed to own property in Bergen. However, they may face certain restrictions and requirements, such as obtaining a residence permit if they plan to live in the property for an extended period. Additionally, non-residents may need to pay higher taxes and fees when purchasing property. It is advisable for foreigners to consult with a local real estate agent or attorney to navigate the property buying process and ensure compliance with all regulations," wrote one expat who made the move to Bergen.

What appliances are typically included in a rental?

We asked foreigners in Bergen what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Bergen typically include a refrigerator, stove, oven, dishwasher, washing machine, and dryer. Additionally, some properties may include a microwave, toaster, and other small kitchen appliances," said one foreigner living in Bergen, Norway.

Additional Information about Searching for a Home in Bergen:

We asked foreigners in Bergen what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats searching for homes in Bergen often start by browsing online real estate portals and websites, such as Finn.no and Hybel.no, to find available properties. They may also join local Facebook groups and online forums dedicated to housing and expat communities in Bergen to seek advice and recommendations. Additionally, expats can consult with local real estate agents who are familiar with the area and can help them find suitable housing options. Networking with other expats and locals can also provide valuable insights into the best neighborhoods and rental opportunities. Finally, visiting the city and exploring different neighborhoods in person can help expats get a better feel for the area and find a home that suits their needs and preferences," explained one expat in Bergen.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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