Iceland Property Tax Calculator 2026
Calculate property-related taxes in Iceland. Annual property tax 0.625–1.65% (varies by municipality), transfer tax 0.4%, and stamp duty 1.65% on property purchases.
Iceland Tax System
Property taxes in Iceland include an annual property tax (fasteignaskattur) of 0.625–1.65% of assessed value, varying by municipality and property type. A transfer tax (stimimgjald) of 0.4% applies when property ownership changes. Stamp duty (stimpilgjald) of 1.65% is charged on the purchase of real estate. Municipalities set the annual rate within the national range.
2026 Rates: Annual 0.625–1.65%, Transfer 0.4%, Stamp Duty 1.65%.
Iceland Property Tax Calculator 2026
Calculate property taxes in Iceland 2026. Annual 0.625–1.65%, transfer 0.4%, stamp duty 1.65%.
Property ValueISK 50,000,000
Annual Tax (0.625%)ISK 312,500per year
Transfer Tax (0.4%)ISK 200,000one-time
Stamp Duty (1.65%)ISK 825,000one-time
Total One-Time CostsISK 1,025,0002.05%
Total Annual TaxISK 312,5000.63%