Real Estate in Oslo, Norway

Last updated on Apr 05, 2023

Summary: The most desirable neighborhoods in Oslo, Norway are Frogner, Majorstuen, St. Hanshaugen, Grunerlokka, and Torshov. The average cost to buy a nice 2 bedroom home in Oslo is around $1.2 million USD, and a nice 3 bedroom home is around $1.5 million USD. These properties typically include modern amenities such as stainless steel appliances, hardwood floors, and updated bathrooms. Foreigners are allowed to purchase property in Oslo, but there are certain restrictions. For example, foreign buyers must obtain a residence permit and must have a valid passport. When searching for a home to buy in Oslo, an expat should consider their budget, desired location, and the type of property they are looking for. It is also important to research the local real estate market and to consult with a real estate agent who is familiar with the area. Additionally, expats should consider the cost of living in Oslo, as well as the availability of public transportation and other amenities.

How do I find a place to live in Oslo?

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 Oslo is to use online rental websites such as Finn.no or Hybel.no. These websites allow you to search for rental properties in Oslo and the surrounding areas. You can also use the search filters to narrow down your search to find the perfect place for you. Additionally, you can contact local real estate agents who specialize in rental properties in Oslo. They can provide you with more information about the rental market in the city and help you find the perfect place to live," remarked one foreigner who made the move to Oslo.

"We live in the center of Oslo because it is close to the train and bus stations for us to get to work- it also has a great balcony. We also wanted two large bedrooms, and a w/d in the flat which can be tricky to find in older flats," explained one person living in Oslo, Norway.

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About the Author

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.