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US President Donald Trump said buying Greenland would be “a large real estate deal” that could ease a financial burden on Denmark, which administers the island, Bloomberg reported.

“Strategically it’s interesting and we’d be interested, but we’ll talk to them a little bit,” Trump said Sunday. But a deal is “not No. 1 on the burner.”

Trump suggested that Denmark loses almost $700 million a year overseeing the massive ice-covered island with about 58,000 residents. “It’s hurting Denmark very badly,” he said.

“Essentially it’s a large real estate deal,” Trump added. “A lot of things can be done.”

The US president is due to visit Denmark next month, but on Sunday said he is not sure if there would be in person discussion about a deal.

Danish officials, however, have been adamant about no-sale since reports emerged last week that Trump had directed advisers and lawyers to review a possible deal.

Larry Kudlow, head of the National Economic Council, earlier Sunday said Greenland is a “strategic place” rich in valuable minerals and that discussions are continuing.

“The president, who knows a thing or two about buying real estate, wants to take a look at a potential Greenland purchase,” Kudlow said on “Fox News Sunday.”

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