Real estate investment in Iceland
Foreigners can buy, lease and sell properties without restrictions in Iceland. The sale of land to foreigners is prohibited. The land on which the house stands can be taken on a long-term lease.
Statistics confirm the liquidity of investments: every quarter, residential real estate prices grow by an average of 2,5%. Five years ago, an apartment of 100 m² cost an average of €267,000, and today it is sold for €440,000.
€4,405
Average price per 1 m²
2,5%
Average price growth per quarter
0,9—3,4%
Associated costs, of the property value
How the residential property price index is growing in Iceland
Cost of a 3-bedroom apartment in Iceland
€1 million
Penthouse in Reykjavik
€500,000
Attic apartment with an ocean view in Reykjavik
€300,000
Apartment in Reykjavik
Iceland residence permit or citizenship by real estate investment
Obtaining an Iceland residence permit or citizenship is not connected with purchasing real estate.
Taxes and associated costs
Countries to buy a property and get residency or citizenship
We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.
Malta11 properties
€300,000+
Permanent residency
6+ months
Show 11 properties
Grenada18 properties
$270,000+
Citizenship
8+ months
Show 18 properties
UAE103 properties
AED 750,000+
Residence permit
2+ months
Show 103 properties
Spain36 properties
€500,000+
Residence permit
5+ months
Show 36 properties
Portugal68 properties
Not limited
Residency after D Visas
6+ months
Show 68 properties
Show all countries40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Material prepared by Igor Buglo, Head of the Maltese office, MBA