Housing

Here is various information about housing, such as rent subsidies, loans, and housing from non-profit organizations.

Changes to housing

People with disabilities may be eligible for loans for housing modifications or various institutional and municipal residential accommodations. Further information about loans is available on the sidebar.

Real estate sales

It is important to keep in mind that if a property is sold within two years, the capital gain is fully taxable. However, if a homeowner sells a property they have owned for more than two years, the capital gain is tax-free (provided the total volume of the property is no more than 600 cubic meters for an individual or 1,200 cubic meters for a married couple).

Property tax discount

Disabled individuals who own their own homes are often entitled to a property tax discount. Each municipality sets its own rules regarding the discount provided, and information about these rules can be found on the municipalities' websites.

Rental protection – guarantee

When people rent an apartment, they often have to provide the landlord with a security deposit, a bank guarantee, or a prepayment. Today, it is possible to get an insurance from Tryggja.is, a so-called Rental protection which replaces having the landlord get a security deposit, this can work out better for many.