... Turkey Leads Surge in Global House Prices for the Third Quarter of 2016. Privacy Policy. Get monthly informed analysis on world property markets and exclusive, early access to investment opportunities delivered right to your inbox. The average rise in prices in the last ten years is 9 percent per annum. Search thousands of Iceland commercial real estate listings including Iceland investment properties, Iceland commercial land, Iceland office space, Iceland retail space, Iceland industrial real estate and Iceland businesses for sale. For sale ; For rent ; Apartment. Real estate agents’ commissions are 1.5 to 2.5 percent of the sales price, with a value-added tax of 25.5 percent on the commission. Round-trip transaction costs are very minimal from 2.40% to 3.40%. Exchange rates are subject to continuous change. Apartment (1 bedroom) Outside of Centre. However, I haven't been able to find a good english-language website that provides good real estate listings. Housing Index in Iceland averaged 254.23 points from 2000 until 2020, reaching an all time high of 492.20 points in November of 2020 and a record low of 100 points in March of 2000. According to the National Registry of Iceland, houses in the capital area currently cost between 80 million and 110 million kronur ($590,000-$800,000), while apartments go for 50 million to … In 2019, the prices of a single-flat home in Iceland increased by 2.37%, while a multi-flat came in at just under 3.47%. Currently, the average residential property price in Reykjavik ranges from US$375,000 to US$475,000, based on a 2019 report published by REAL Trends. My name is Pall Palsson and I am a licenced Real Estate Agent in Iceland. Private house. Advertise, buy or sell houses, homes, villas, apartments, land and businesses. The real estate market in Iceland is booming, mbl.is reports. 2 rooms . 5 °C. Apartment (3 bedrooms) Outside of Centre. Buy and sell real estate in Reykjavik without the hassle. An economics report commissioned by the Icelandic bank Íslandsbanki (ISB) has found that residential real estate prices rose by 2.6% in 2013, taking rates up to similar levels found in 2004 before the last real estate bubble. Warning: … ItalianoPrezzi delle proprietà immobiliari in Islanda Housing Index in Iceland increased to 492.20 points in November from 490.70 points in October of 2020. Inheritance: Inheritance, tax is imposed on the share of the beneficiary at 10%, with an exemption for the first ISK1,500,000 (€10,490) of the share. Analysis of Iceland Residential Property Market ». Advertise, find, buy or sell houses, villas, apartments & land. Capital Gains: Capital gains are taxed either as business income. Office. As of December 2016, a liter of petrol is 194 Krona, which is about US$1.75 or €1.63, or about US$7.50 per gallon. Between the second half of 2016 and all of 2017 prices for property for sale in Iceland, have increased by an average of 13%, with peaks of 15%. Last update: December 2020 Transaction costs include a stamp duty equal to 0.8 percent of the home’s official government valuation, according to Andri Sigurdsson, a licensed broker for REMAX Lind Iceland. Currently, the average residential property in the capital is between 40 million ISK (US$ 382,500) to 50 million ISK (US$ 478,130). Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. Answer 1 of 5: I recently vacationed in Iceland and loved it. The average selling price of an apartment today is around 450 thousand euros. In 2018, rental prices rose by more than real estate prices … If you are looking to buy Iceland luxury property or lease Iceland luxury property we make it easy to find your dream home by letting you filter using listing search results. The average rent in Iceland is $2 per square foot and in Reykjavik $2.3 per square foot. 200,000.00 - 320,000.00. For sale by Owners, Developers, International Agents, Real Estate Agencies, Law Firms, Accountants, Portals, Contributing is easy and it works for you. Get property advice, the latest real estate news and expert opinions.