Iceland Property Tax Calculator
Free Iceland property tax calculator with country-specific defaults and clear step-by-step results.
About Iceland Property Tax Calculator
Estimates annual and monthly property tax from the assessed value and an annual tax rate you enter.
Formula
Formula
Annual tax = property value × tax rate
Assessed value and rates differ from market value — check the local Iceland valuation authority.
Frequently Asked Questions
How does this calculator work?
Estimates annual and monthly property tax from the assessed value and an annual tax rate you enter.
Are the figures specific to Iceland?
Property tax is a recurring ownership cost that is easy to underestimate when budgeting a purchase.
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Iceland specifics
- Currency
- ISK
- Region
- Europe
- Country code
- IS
- Amounts look like
- ISK 1,234,568
- Dates look like
- Mar 9, 2026
- Units
- metricWeek starts Sunday
Results on this page are expressed in ISK. Figures are estimates for general planning — confirm current rates and thresholds with the relevant Iceland authority before relying on them.