The countries surrounding Norway include Russia, Sweden and Finland; where as in south water, it is crossways to Germany and even Denmark.
The population found in Norway is near to 4.6 million people in country and Norway is elongated in its goegraphy. Well, Norway has a continuous chain of the mountains and these mountain ranges run to the sea beaches, land area for agriculture and farming is very little. Well, the main occupation of people is fishing and many fishing companies are over here, and then they also have crude oil, hydro electricity and gas.
Norway is still ruled by king and queen. The King is known as King Harold and Queen Sonja. They have a son who is inheritor throne and is crowned prince called as Haakon Mangus (son). King and queen do have a beautiful daughter called as Princess Martha Louise.
Norway do even have a Prime Minister. Oslo is capital and very beautiful city of The Kingdom of Norway. The population is nearly about 600,000 people and is continuously growing, as Oslo is also called as a “melting pot” where you will come across different cultures from all over the world.
Well, it is something very special about spending a hot summer night in downtown oslo. There is everything present in the city in terms of entertainment, such as restaurant and the main street (Karl Johan) which is filled with children and adults alike. It is such a fantastic feeling or an evening to have a drink. While watching the great musicians which come from all over the world, it is fun to see them singing along with the main street. You can feel the punch of the city.
You don’t need to worry about anything, as crime over there is very low even police doesn’t carry guns with them. Yet Oslo is a special destination in Norway which is so much more and has tons to history as well. It would be great feeling to experience this one which will have to leave the city behind and do some touring.
As mentioned earlier as well that Norway is a long country and about one third of the country is stretched on the artic circle. You will be able to observe midnight sun from the north side of artic circle. As you know that lot of tourist come from all over the world to have a look at the magnificence of the Midnight Sun, they are not able to see because they are in the wrong part of Norway. I suppose you got the idea, so in order to watch the midnight sun you will have to go towards North of the arctic circle which is located on the North side of Norway

With over 5000km of coastline Norway can offer a wide range of properties from apartments in the cities to chalet style houses in the smaller villages. From the southernmost point of Norway, to the mountain areas of eastern Norway with its extensive skiing facilities, to the far north, Norway will have the answer for you. Although property in Norway is more expensive by European standards. If you enjoy nature, the outdoor life, and sea fishing in particular Norway has the answer for you.

In Norway the majority of property sales are conducted through Estate agents who are registered by the Norwegian government and they are entitled to conclude the transaction without the assistance of a lawyer, they will also take charge of the final financial settlement, registering the deed to the property in the central state register

Estate Agents, lawyers and banks have direct access to the central state register. This register is updated every day, listing changes of property ownership, restrictions on use, charges and encumbrances etc. A transaction submitted one day is registered the next day.

To be an Estate Agent in Norway you must be insured for at least NOK 10 million to cover any liabilities either party may incur in the course of the transaction of the property sale.

Your agent will ask you to enter into an agreement on an “estate agent assignment” this will be on a specific form and will list the agent’s terms and conditions and also specify your rights and obligations.

Having found that ideal property, you enter into a written contract of purchase. This means that both you (the purchaser) agree to purchase the property, and the seller agrees to sell. At this point a deposit of 10 of the property purchase price.

If you are using your property as a holiday home you will be liable to a yearly tax of 2.5.When a holiday property is sold the profit is tax free, if you have owned the property for more than 5 years. If you have not owned it for 5 years, or have used it as a business, a 28% tax on the profit will apply.

Due to Norway’s weather, defects in property can be quite expensive, if the property differs materially from the prospectus given by the seller/estate agent, the purchaser will normally be able to claim a reduction of the properties selling price, or compensation within 5 years of taking possession of the property. To comply with this you must make the seller aware of the defect, and file a claims form within 12 months if the defect is discovered 2 years or later after taking possession.