Houses For Sale In Raufarhöfn For As Little As Nothing - The Reykjavik Grapevine

Houses For Sale In Raufarhöfn For As Little As Nothing

Published January 30, 2012

A number of houses are being sold off in the municipality of Raufarhöfn in far northeast Iceland, with one house sold so far for zero crowns.
RÚV reports that the sale of houses in the village are being managed by the North Iceland regional authority. The free house in question, The Old Cooperative House, sold for zero crowns, but with the condition that the new owners fix the place up to standards pleasing to the municipality.
Bergur Elías Ágústsson, the county councilperson of North Iceland, told reporters that even in selling the house for nothing, the municipality gains by having it renovated and restored, adding to a sprucing up of the village in general.
Other houses are also available in Raufarhöfn. A group of artists recently bought an old herring facility with the same intention of renovating it, and giving it a new life with a different purpose.
When asked if the county intends to sell every house on the block for as good a price as the Old Cooperative, Bergur declined to say definitively. He said that every deal will be looked at on a case-by-case basis.

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