Property Prices in Kopavogur, Iceland

Index Info
Price to Income Ratio: 5.48
Mortgage as Percentage of Income: 41.57%
Loan Affordability Index: 2.41
Price to Rent Ratio - City Centre: 15.40
Price to Rent Ratio - Outside of Centre: 13.36
Gross Rental Yield (City Centre): 6.50%
Gross Rental Yield (Outside of Centre): 7.48%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 220,000.00 kr
Apartment (1 bedroom) Outside of Centre 180,000.00 kr
Apartment (3 bedrooms) in City Centre 290,000.00 kr
Apartment (3 bedrooms) Outside of Centre 290,000.00 kr
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 60,386.47 kr
Price per Square Feet to Buy Apartment Outside of Centre 46,451.13 kr
Salaries And Financing
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Average Monthly Net Salary (After Tax) 525,000.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.50 4.00-5.00

These data are based on 10 entries in the past 18 months from 2 different contributors.
Last update: September 2024

Sources and References
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