Property for Sale in Norway
In Norway, most real estate property is sold through authorised estate agents. These have undergone special training to conduct estate agency, and are subject to strict authorisation rules and strict control routines on the part of the authorities.
Norwegian estate agents are entitled to conclude the whole real estate transaction without the assistance of a lawyer. In Norway, estate agents are also in charge of the financial settlement and for registering the deed in a central, state register (not in a notarial register).
Housing is extremely expensive in Norway, and prices are continuing to rise, with an average increase of 10% between 2005 and 2006. Oslo and the other main cities have the highest housing costs, while the rural areas offer more inexpensive accommodation, built to a good standard.
Holiday homes in south-eastern and eastern Norway are extremely expensive by European standards, and holiday homes in the mountain areas of eastern Norway near alpine skiing facilities are also expensive.There are no limitations on letting property
