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Conditions for purchase. Amount paid. The application. The action and next steps. Buyer and procurement process.

Purchase of residential buildings in Grindavík

The application

When can I apply to sell my property?

Buyer and procurement process

Who is buying my residential property?

How will ownership be structured in the company that takes over the residential buildings?

When do I have to deliver the apartment?

When will the purchase go through?

What does the purchase of the residential property involve?

The action and next steps

Where can I appeal a decision to purchase a residential property?

How will the housing market respond to increased demand?

What is the difference between fire insurance value and property valuation?

What is the purpose of these measures, which involves the purchase proberties in Grindavík?

Amount paid

How is the loan paid out in terms of the asset ratio?

Why is the purchase price 95% of the fire insurance value?

Why did I receive substantially less than the registered fire insurance value on my property?

Is this payment comparable to what I would receive if I sold my property on the public market?

What will I be paid for my property?

I get an error in the application to purchase a residential property in Grindavík

I do not have electronic ID, how can I apply for the governmet to buy my property?

When did the law take effect?

What about property that has been declared a total loss?

When do I have to have requested the sale of the residential property?

Conditions for purchase

Who can request that the building be purchased by the real estate company Þórkatla?

Can I have my own money in my property paid out and remain a registered owner?

Can I request that residential property owned by an estate be purchased?

Will it be possible to request that commercial buildings be purchased?

Do I need to have legal residence in my residential property so that I can request that the government buys it?

What are the conditions for the property company Þórkatla to purchase my residential property?

What is the nature of properties that are/were under construction, can I request that such a property be purchased?

What is pre-emption right?

What is a pre-lease right?

Can I buy my old property again when it is safe to live in Grindavík?

Where should I contact for questions about the purchase of residential properties in Grindavík?

What is a purchase right?

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