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Lowest Number of Advertised Apartment Rentals Recorded
As of today, there are only 179 apartments advertised for rent in Reykjavík, the lowest recorded number of available rentals. [su_pullquote]Who better to ask what’s best in Reykjavík than the people who live here? Every year we round up a panel of…
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Proportion Of First-Time Apartment Buyers Never Higher Than Now
According to Landsbankinn, in the third quarter this year, almost 34 percent of all buyers of residential housing in the capital area were buying their first apartment. The proportion has never been higher, reports Vísir. [su_pullquote]Icelanders give books to their loved ones…
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60 Sq. Metre Apartments At 40 Million ISK For “First Time Buyers” In Iceland
Some 800 apartments that will soon be built in Reykjavík come with a very daunting price tag, but are intended for first-time home buyers. The apartments, to be located at the Hlíðarendi area of Reykjavík, come in a variety of number of…
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Political Party Treasurer Crowdfunding First Apartment
The treasurer of the Left-Green Movement has started a crowdfunding campaign to finance the buying of her first apartment. Una Hildardóttir told Vísir that she started the campaign to satirise the absurd difficulties facing young people in the housing market. “I recently…
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Housing Prices Never Higher
Housing prices in Iceland are at the highest they have ever been according to a report by Landsbankinn, and increasing shortages mean that they are expected to go even higher. If you bought an apartment in march, then congratulations, your apartment is…
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It’s Never Been Harder To Own A Place In Reykjavík
It has rarely been this hard to start out in the property market in Reykjavík for the first time and sadly, it does not seem like this will change in the next couple of years. RÚV reports that previous data on the…
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Rental Apartment Con Artist At Large
Grapevine has received a copy of an email from a con artist who has been trying to scam would-be renters out of money. Stundin reports that a man using the name Christian Turner has been advertising apartments in the greater Reykjavík area…