From searching to keys in hand
Hi! My name is Davíð and I'm a first-time buyer myself — and after a long search, I finally found and bought my first home!
When I started looking at the real estate market in Iceland, I quickly discovered that information was scattered all over the web. What is an indexed loan? How does pension savings work? What should I look for when viewing an apartment? The questions were endless.
I decided to gather all the information I needed in one place and share it with others in the same situation I was in.
Fyrstukaup was born out of personal need. The calculators, checklists, and all the information are what I used on my journey to my first property — and what I still maintain so the next first-time buyer doesn't have to start from scratch.
How did it go?
Did I find my dream property? Yes — I bought my first home! It took countless open houses, endless loan calculations, and a deep dive into the pension savings system, but I made it.
The real estate market in Iceland is challenging, especially for us first-time buyers. Prices are high, competition is fierce, and sometimes it feels like you're chasing a dream. If I made it, you can too — and I'll keep this site running to help you get there.
Why this project?
Fyrstukaup is open and free for everyone. I want all first-time buyers to have access to good information and tools that can help them make an informed decision. If this site has helped you, that makes me incredibly happy!
Davíð