Sell a property in Iceland

How to sell a property in Iceland, via an Estate Agent, an agent who specializes in overseas property, or if selling a property by owner.

To sell a house, apartment, villa or any type of property in Iceland, you'll need to follow some simple steps.

In Iceland it is essential to have to hand a clear legal title to the property, and ensure you have all the correct documents before you come to sell a property in Iceland.

You have the option of selling by owner, or using an estate agent to assist in the selling process. There is no option though when it comes to the leagl side of the sale. Use a real estate lawyer or notary that specializes in Iceland real estate transactions.

Marketing and advertising the property should be done in a wide variety of avenues, including listing on an international property listings website, especially if selling by owner (FSBO).

Sign the deposit contract and move towards closing the transaction once you have found a buyer for your property.

In Iceland, you the seller will pay taxes, a tax that is usually a percentage of the profit from the sale.

You can work with a team of attorneys, accountants, and real estate agents during the sale or a mix of those professions depending on how you wish to sell your property.

Note this information is purely a guide, and if selling or renting in Iceland, we advise you to seek professional help as relates to your specific needs.