Buying a farm in Norway is a joke...


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Another try, another fail.

We tried on buying a farm this week. It ended with not having any chance in the current market. So, it seemed helpful to share some of the experiences and information.

Probably everybody who is trying to buy property in any country nowadays has a tough time. In Norway, things are turning tough. The interest in buying small farms and cabins is immense. People have loans with low interest and are pretty much willing to pay anything. No matter what the estimate worth is, farms and cabins regularly get sold for 200-400% of the estimated value. And despite maxing out all loans and savings this one was too much for us.

Let's hope things get a bit more realistic anytime soon.

Until then, cheers from the rental cabin! :)


01:23 What we are searching
02:51 Budget
03:20 The dream Property is for sale
04:46 Property analysis
09:37 Fierce competition
Category
STAVANGER
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