Heimkoma Reykjavík
A Reykjavík apartment joins our holiday homes and three-property community. Each share comes with six weeks, or 42 days, annually. The first Heimkoma apartment will be in the new development at Laugavegur 170 in Heklureitur.
Discover Heimkoma ReykjavíkCo-own your place to unwind. Choose a share in one house, two individual houses or a three-property community. Heimkoma handles operations and maintenance so you can enjoy your time.
Ownership that fits your life
You buy a share in a holiday property with others, use it in proportion to your share and split costs. Heimkoma handles operations, maintenance and daily management.
Single-property shares are available now in Húsafell and Akureyri. You can buy a 12% share in either house or both. Each share gives 6 weeks, or 42 days, per year in that house.
In a three-property community, you buy an 8% share in three properties. This includes 12 weeks, or 84 days, per year in total once all three properties have been delivered.
12% share
Húsafell: ISK 16 million. Akureyri: ISK 17 million. Buy a 12% share in the house that suits you.
42 days
A 12% share in a single property includes 6 weeks, or 42 days, per year in that house.
Two properties
You can buy a 12% share in both Húsafell and Akureyri for ISK 33 million in total, with 6 weeks in each house: 84 days annually.
8% share
A three-property community costs ISK 33 million in total. You acquire an 8% share in three holiday properties.
84 days
A three-property community includes 12 weeks, or 84 days, per year in total once all properties are delivered: 4 weeks in each house.
Handover
Húsafell and Akureyri have been delivered and are ready to use. The third house will be delivered in spring 2027.
You only pay for delivered properties. The final third of the purchase price is due when the third house is handed over.
If the third house does not suit you when presented, you can withdraw and receive a refund under the agreement's terms. We explain the arrangement before you buy.
Rules
Rules that ensure fairness and quality
Heimkoma is designed to be fair to every owner. Clear rules and a booking system help everyone enjoy their rights. More about the rules.
Bookings
Book your stay with Heimkoma
Booking through Heimkoma's system is simple. Plan weekends, summer holidays or shorter stays at short notice. You can also change dates or swap days with others in the community, within a clear and secure system.
The rules are clear
Rules keep it simple
The principle is simple: clear rules, known from the beginning, with no surprises.
All rules are established from the outset to maximise fair use and remove uncertainty. They were developed in collaboration with BBA//Fjeldco.
All Heimkoma properties meet the H-Class quality standard
All Heimkoma holiday properties are upgraded, standardised and operated under a defined quality standard we call H-Class.
H-Class ensures consistent quality, a high-quality experience and worry-free use, whichever property you visit.
Heimkoma generally does not design houses from scratch; we carefully select and upgrade properties to meet our requirements.
We work only with professionals in each field and use established, high-quality brands that meet our standards for quality, durability and practicality.
A consistent quality standard
All Heimkoma properties follow the same H-Class standard, ensuring consistent quality, professionalism and experience regardless of the property's age, location or original design.
Interiors & furniture
Properties are upgraded with quality interiors and furnishings from leading manufacturers. Materials, furniture and solutions are selected for frequent use, easy maintenance and timeless looks.
Modern comforts & technology
All properties are equipped for year-round use with appropriate modern solutions such as fast internet, security systems and smart technology. Everything is designed for ease of use and straightforward management.
Wellbeing & relaxation facilities, where appropriate
Where conditions allow, properties are upgraded with hot and cold pools, a sauna or similar facilities. Professionals select and install these facilities for year-round use.
Heimkoma takes care of everything — you enjoy your free time
Heimkoma handles daily administration, operations and maintenance for owners. You share costs under the agreement and have more time to enjoy your leisure.
Heimkoma's responsibilities include:All administration and daily operations
Heimkoma handles daily property operations on behalf of owners. You do not need to track bills, contracts or service providers: everything is organised, paid and managed in one system.
All fixed charges and operating items
We administer public charges, insurance, electricity, heating, internet and security systems on behalf of owners. Owners share running costs under the agreement.
Regular inspections and professional maintenance
Properties are inspected regularly under defined procedures, including pest prevention, wood protection, hygiene checks and general condition inspections to keep them in excellent shape over time.
Professional cleaning and properties ready to use
Professional cleaning takes place regularly and as needed. The aim is a clean, tidy property ready for your arrival, without preparation on your part.
Consistent quality and a worry-free experience
Heimkoma ensures all properties meet the H-Class standard, with consistent quality, good facilities and professional management wherever you stay.
“I always thought holiday homes were only for people with lots of money and time. When I saw how this works, I finally realised it was possible for a family like ours.”
Research participant — a father in Hafnarfjörður
Information
Reading, brochures & articles
We have gathered articles on financing, co-ownership, services and other aspects of holiday property ownership to help you make an informed decision.
Want to read more?
Find more information here about ownership, bookings and services. THIRDHOME is available to interested Heimkoma owners in both single properties and three-property communities.
Newsletter
Frequently asked questions — FAQ
What do I receive as an owner?
In a single property, you buy a 12% share with 6 weeks, or 42 days, per year. You can buy into either house or both. In a three-property community, you buy 8% in three properties with 12 weeks, or 84 days, annually in total once all are delivered. Heimkoma handles daily management and operations.
Is this timeshare or a rental?
Can Heimkoma change the rules?
Who handles day-to-day operations?
What happens if owners break the rules?
Community rules protect those who want clear rules and follow them. Repeated or serious breaches can have serious consequences.
More benefits of co-ownership
Ownership, comfort and everyday life with Heimkoma
Enjoy life while Heimkoma handles operations and maintenance
Co-ownership is a new way to acquire a holiday property. You own a share in one or more houses for a fraction of the cost of sole ownership. Less investment, lower costs.
Buying a holiday property share with Heimkoma is a property investment. You are a registered owner.
Enjoy your property. We take care of the rest.
HEIMKOMA in the media
Welcome home
Heimkoma creates and manages communities of owners who jointly own quality properties. You buy a registered share, receive corresponding usage rights and split costs with other owners.
Co-ownership reduces each owner's initial capital commitment and running costs compared with owning a similar property alone.
We manage the booking system, daily operations, maintenance and communication.
Benefits of co-ownership
- Less capital tied up
- Clear, registered ownership
- Better use of properties
- Costs shared among owners
- Flexible and fair booking system
- Operations and maintenance handled by Heimkoma
Get more information by email
Heimkoma at its simplest
One property or three. Your choice.
Heimkoma offers buyers two options: a share in a single property or a three-property community.
In both cases, you are a registered owner, with usage rights proportional to your share and running costs shared with other owners.
Heimkoma handles bookings, operations and maintenance. You own; we take care of the rest.
Single property
- Registered 12% ownership share
- 42 days — six weeks per year
- Option to buy more than one share
- Running costs divided between shares
- Heimkoma handles operations and maintenance
Three-property community
- Registered 8% ownership share in three properties
- 84 days — twelve weeks per year
- Four weeks in each property
- Running costs shared between owners
- Heimkoma handles operations and maintenance
Why Heimkoma?
Manageable investment and running costs
Owning a holiday house is expensive, but it need not be. Heimkoma makes dream properties accessible to more people with less effort.
Investment
You buy a share in property and enjoy the investment through both returns and use of the property.
Operations
Running and maintenance costs are shared by all owners, while Heimkoma handles the organisation.
Three houses, twelve families, one simple system
Owning an Icelandic holiday property of comparable quality to HEIMKOMA's houses typically requires an investment of ISK 100–120 million.
The investment is substantial, as are running and maintenance costs. In a Heimkoma community, you own a share in one or more houses and pay in proportion to your share.
Heimkoma makes dream properties accessible to ordinary people with minimal effort.
Heimkoma manages everything that needs attention, while owners enjoy life in their own holiday home.
12 families
12 weeks
3 houses
“We finally went to the holiday house, and he spent the weekend treating the wood, fixing doors and mowing the lawn. I just wanted to arrive and relax. Heimkoma solves all of this — it is brilliant.”
Guðlaug — former holiday home owner and focus group participant
How does co-ownership work?
You buy a share in one or more properties with others. You gain access to Heimkoma's systems and can book a set number of days each year. You do not own fixed dates; you have an allocation to book when it suits you.
You are a registered property owner, benefit if its value rises and can sell when you wish. Running costs are shared among owners, making them much lower than sole ownership.
Heimkoma handles operations, maintenance and services.
The comforts we want for ourselves
Simplify life and enjoy your second home with peace of mind.
Luxury and quality in every house
Variety
Peace of mind
FAQ
Frequently asked questions
Here are the most common questions.
If you cannot find the answer to your question, please get in touch.
What do I receive as an owner?
You buy a share in one or more properties with others and receive a number of days proportional to your share and the number of properties. Heimkoma takes responsibility for management and operations, giving you peace of mind.
Is this timeshare or a rental?
This is not timeshare. You own a registered share in a property that can be sold at any time.
Can Heimkoma change the rules?
Yes. Heimkoma may update booking, house and rental rules when needed, notifying all owners. Rules may not reduce owners' entitlement to usage days.
Who handles day-to-day operations?
Heimkoma handles bookings, maintenance, insurance and other operations. Owners do not have to manage operations or maintenance, but must take good care of the property and leave it in a comparable condition to how they found it. Owners may pay for cleaning after their stay or do it themselves.
What happens if owners break the rules?
Take the first step — we will show you the rest
Co-ownership is well established around the world.
In Iceland, this model has mainly been used for aircraft and boats. It now makes dream holiday properties more accessible, without a large individual investment, guilt about underuse or worries about maintenance problems.
Get more information by email