Any owned property at your disposal is as a starting point subject to Danish property value tax. However, this is potentially not the case if you rent out the property.
As of January 1st, 2024, the property value tax is an annual 0.51% of the market value up to DKK 9,200,000 and 1.4% of market value exceeding this threshold.
Yes, you will be taxed on the profit from renting out your property. The profit from the renting activity is as a starting point taxed under the ordinary progressive tax system.
However, different methods apply for taxation of rental income, and the most optimal way of declaring it is assessed when the income tax return is to be filed.
Please note that you can deduct expenses directly connected to the renting activity. Also, you will be able to deduct interest expenses if you have a mortgage on the property.
If you decide to leave Denmark and you own a property outside of Denmark (or sell the property while in DK), the property will potentially be subject to exit taxation (capital gains tax) in Denmark if one of the below criteria is met: