Property Prices in Reykjavik, Iceland

Index Info
Price to Income Ratio: 7.46
Mortgage as Percentange of Income: 67.84%
Loan Affordability Index: 1.47
Price to Rent Ratio - City Centre: 14.98
Price to Rent Ratio - Outside of Centre: 13.64
Gross Rental Yield (City Centre): 6.68%
Gross Rental Yield (Outside of Centre): 7.33%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 179,852.94 kr 140,000.00-220,000.00
Apartment (1 bedroom) Outside of Centre 142,345.26 kr 100,000.00-180,000.00
Apartment (3 bedrooms) in City Centre 276,333.33 kr 240,000.00-320,000.00
Apartment (3 bedrooms) Outside of Centre 228,125.00 kr 190,000.00-260,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 51,007.38 kr 46,451.13-65,031.59
Price per Square Feet to Buy Apartment Outside of Centre 37,405.83 kr 32,515.79-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 318,727.70 kr
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 6.70 5.00-8.00

These data are based on 206 entries in the past 18 months from 34 different contributors.
Last update: December 2017

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1 Comments so far

#Sunghyun Kim on Aug 22, 2015 :
I am come from South Korea.
I am looking for 3-bedroom apartment by rental for six month or over in Reykjavik
Would you please recomand with me for rental
Now I am staying in Reykjavik.
Please call me at +821097545411

Kind Regards
Mr.Sunghyun Kim