Property for Sale in Iceland

Iceland is the least corrupt country in the world, 3rd most hospitable to investors, and the 5th most economically free country. It is among the Top 10 richest countries in the world.

There are substantial restrictions on foreign ownership of real estate. Individuals must be residents of Iceland to purchase real estate.

Not only is Iceland, and its capital Reykjavik in particular, increasingly fashionable as a holiday and party destination, but British buyers are beginning to snap up real estate properties there too. And for good reason: given the recent fall in Iceland’s currency (the krona) relative to the pound, properties there are excellent value.

Iceland is also a great place to have a holiday home, temperatures hover around 15 degrees in summer and winters are milder than you’d expect, due to the Gulf stream. The country also has a unique landscape, farmland as well as Glaciers, so if you like hiking, outdoor spas, riding, whale-watching, or 24-hour golf in the summer, Iceland offers great Real Estate prospects.