Renovating Property in Norway: A Practical Guide

Published on October 22, 2025 and written by Cyril Jarnias

Norway, with its breathtaking landscapes and exceptional quality of life, is attracting more and more international real estate investors. Whether you’ve recently acquired property in this Scandinavian country or want to give your existing property a fresh look, renovation can be an excellent way to increase its value while adapting it to local standards. In this article, we’ll guide you through the essential steps to successfully complete your renovation project in Norway.

A Smart Investment to Enhance Your Norwegian Property

Renovating a property in Norway can prove to be a particularly smart investment. Indeed, the Norwegian real estate market is known for its stability and steady growth, offering attractive prospects for owners who choose to improve their property.

Significant Added Value

According to recent data from the Norwegian real estate market, a well-executed renovation can increase a property’s value by 10 to 30%, or even more in some cases. This added value is particularly notable in major cities like Oslo, Bergen, or Trondheim, where demand for modern, well-equipped housing is constantly increasing.

Adaptation to Local Standards

Norway is known for its high standards in construction and housing. Renovating your property will not only bring it up to current standards but also adapt it to the specifics of the Norwegian climate, particularly in terms of insulation and energy efficiency. These improvements are especially appreciated in the local market and can be a strong selling point.

From Planning to Execution: Key Steps in Your Project

Undertaking renovation work in Norway requires careful planning and a good understanding of local regulations. Here are the main steps to follow to successfully complete your project:

1. Assessment and Planning

Start by conducting a detailed assessment of your property. Identify priority work and establish a renovation plan. It’s recommended to consult a local architect or expert to assist in this crucial phase.

2. Obtaining Necessary Permits

In Norway, most renovation work requires prior authorization. Contact the local municipality (kommunen) to learn about the required procedures. Processing times can vary, so it’s important to start early.

3. Selecting Professionals

Choose licensed and experienced contractors. In Norway, it’s common to hire a general contractor (hovedentreprenør) who will coordinate all the work. Ensure that the chosen professionals are familiar with Norwegian construction standards.

4. Execution of Work

Closely monitor the progress of the work and ensure it adheres to the established schedule. In Norway, the quality of execution is generally high, but it’s important to remain vigilant and communicate regularly with the professionals.

5. Inspection and Certification

Once the work is completed, arrange for the necessary inspections to obtain the required certifications. This may include checks for electricity, plumbing, or insulation.

Financing Your Project: Options and Strategies for a Controlled Budget

Financing is a crucial aspect of any renovation project. In Norway, several options are available to fund your work:

Specific Bank Loans

Norwegian banks offer loans dedicated to renovation work (oppussingslån). These loans typically offer favorable interest rates and flexible repayment terms. For example, DNB, Norway’s largest bank, offers loans of up to 85% of the estimated property value after renovation.

Government Grants

The Norwegian state, through the Enova agency, provides grants for renovations aimed at improving building energy efficiency. These aids can cover up to 25% of eligible costs for certain types of work.

Mortgage Refinancing

If you already have a mortgage, refinancing can be an interesting option to free up additional funds for renovation.

Budget Estimation

The cost of renovation in Norway can vary considerably depending on the scope of work and your property’s location. As a guideline, a complete renovation can cost between 15,000 and 30,000 Norwegian kroner (NOK) per square meter, or approximately €1,400 to €2,800/m². It’s crucial to establish a detailed budget and plan for a safety margin of at least 10% to handle unexpected expenses.

Materials and Design: Blending Norwegian Tradition and Modernity

The choice of materials is crucial for the success of your renovation project in Norway. It’s important to find the right balance between respecting local traditions and integrating modern innovations.

Wood: The King of Materials

Wood holds a central place in traditional Norwegian architecture. Opt for local species like Scots pine or spruce, known for their durability and insulating properties. For exteriors, wood siding remains a popular choice, often treated to withstand the harsh Nordic climate.

High-Performance Insulation

Given the Norwegian climate, quality insulation is essential. Materials like rock wool or wood fiber are widely used. Norwegian thermal insulation standards (TEK17) are among the strictest in Europe, so ensure they are respected in your project.

Triple-Glazed Windows

Triple-glazed windows are almost essential in Norway. They offer excellent thermal and acoustic insulation, crucial for comfort in northern regions.

Innovative Heating Systems

Prioritize ecological and efficient heating systems. Geothermal or air-to-water heat pumps are increasingly popular in Norway, offering a sustainable alternative to traditional systems.

Interior Design: The “Scandinavian Style”

For interior design, the Scandinavian style remains a safe bet. Characterized by simplicity, functionality, and minimalist elegance, it perfectly complements Norwegian architecture. Opt for light colors, natural materials, and clean lines to create a bright and welcoming interior.

Renovating a property in Norway represents a stimulating challenge that can prove extremely rewarding, both personally and financially. By following the key steps, respecting local standards, and making the right choices in materials and design, you can transform your property into a true gem of the Norwegian real estate market. Remember that the key to success lies in meticulous planning and using qualified professionals familiar with the specifics of the local context.