Heimkoma Reykjavík

A smarter way to own an apartment in Reykjavík.

Heimkoma offers a new way to become the registered owner of a share in a quality Reykjavík apartment. Enjoy it as your own when you are in the city, without having to buy the entire apartment.

We handle operations and management. You arrive and enjoy.

Official rendering of Heklureitur and Laugavegur 170 in Reykjavík
New development · Reykjavík Laugavegur 170
Heklureitur

The first Heimkoma apartment will be in the new development at Laugavegur 170 in Heklureitur.

Official Heklureitur development rendering. For reference only; it does not show the selected Heimkoma apartment.

Be among the first to hear when the first Heimkoma apartment is introduced.

Why it matters

You do not have to own everything to own enough.

Having your own place in Reykjavík can be wonderful. Somewhere familiar, where you know where everything is and feel comfortable from the moment you walk in.

But if you use the apartment for only part of the year, why own all of it?

Property prices have risen, our lifestyles have changed, and we expect more from how we use both our time and money.

Heimkoma is built on a simple idea:

Own what you use — enjoy what you own.

Less capital tied up in one property. Less administration. More room to enjoy life.

So much to enjoy in Reykjavík.

Restaurants, music, theatre, culture and lively city life are always close by.

Dining experience at a Reykjavík restaurant
Restaurants and dining
Harpa by Reykjavík harbour
Harpa and harbour life
Reykjavík, Hallgrímskirkja and mountain views
The city, views and downtown
Theatre and Reykjavík's varied cultural life
Theatre, culture and events

The ownership idea

A smarter approach to ownership

The idea is simple. Instead of one person buying the whole apartment, several owners share it.

You buy a share and become its registered owner. The share includes a defined number of days for personal use each year. Book your time through Heimkoma's system and use the apartment yourself or let your children or parents use it.

If you do not want to use all your days, you can also allocate some to rental.

Heimkoma handles the property's operations and management, so you do not need to worry about day-to-day administration.

You have more than access to an apartment. You are an owner.

It is that simple

Buy a share → Book your time → Arrive and enjoy → We take care of the rest

  1. 01Buy a share
  2. 02Book your time
  3. 03Arrive and enjoy
  4. 04We take care of the rest

Key benefits

Why own 100% if you do not need to?

Owning a Reykjavík apartment can be wonderful. But if you use it for only part of the year, buying the whole apartment may not be the most sensible approach.

02

Your place in Reykjavík

Come to a familiar place and use it as your own, rather than another hotel room or rental apartment.

03

Less administration

Heimkoma handles operations and management. You do not need to add another property to your to-do list.

04

More flexibility

Less capital tied up in one property means more room for other investments, travel and experiences.

05

Real ownership

You are acquiring a share in a property you can enjoy, not simply buying accommodation.

Own what you use — enjoy what you own.

Register your interest

Could this suit you?

Could this suit you?

There are many reasons to want your own place in Reykjavík without owning an entire apartment.

01

You live outside the capital region

You regularly visit Reykjavík for work, meetings, medical appointments, family or simply to enjoy the city. It is good to have your own place when you come to town.

02

You live abroad but want your own place in Iceland

You visit home regularly and want a place of your own, ready when you arrive, without having to own and operate a whole apartment.

03

You regularly visit Reykjavík for work

Instead of booking a hotel or accommodation each time, you can own your place in the city and use it when needed.

04

You have family or friends in Reykjavík

It is good to be close to loved ones and have your own place when visiting.

05

You want to enjoy Reykjavík more often

Restaurants, culture, events, shopping or simply a city weekend. Sometimes you need no special reason to visit Reykjavík.

06

You want property in Iceland without buying a whole apartment

For people living abroad, a share in a quality Reykjavík apartment can be a simpler and more sensible way to own a place in Iceland.

Different reasons. The same idea.

Your own place in Reykjavík — when you need it.

All Heimkoma apartments have quality furniture, household equipment and appliances meeting the H-Class standard.

Discover H-Class

How it works

How it works

Co-ownership with Heimkoma is straightforward. You become the registered owner of an apartment share, receive your time in the property, and Heimkoma handles operations and management.

  1. 01

    1. Buy a 12% share

    Buy a 12% share in a quality Reykjavík apartment and become one of its owners.

  2. 02

    2. Receive six weeks per year

    Your share includes six weeks a year. Select your dates in Heimkoma's booking system under rules that ensure fair distribution among owners.

  3. 03

    3. Use the apartment as your own

    Stay yourself or let your children or parents use your days. When you arrive, this is your place in Reykjavík.

  4. 04

    4. Allocate some days to rental

    If you do not need all your days, allocate some to rental under Heimkoma's arrangements.

  5. 05

    5. We take care of the rest

    Heimkoma handles daily operations and management. The aim is simple: you own and enjoy the property without managing everything that comes with ownership yourself.

At a glance

  • 12%ownership share
  • 6weeks per year
  • ✓Heimkoma booking system
  • ↗Rental option
  • HHeimkoma handles operations and management

You own. You enjoy. We take care of the rest.

A quality place

A quality setting matters

Smarter ownership should not mean compromising on quality.

The first Heimkoma apartment in Reykjavík will be in a new development at Laugavegur 170 in Heklureitur, with an emphasis on quality design, interiors and finishes.

Heimkoma chose Heklureitur for its excellent location, elegant new apartments and quality development. An experienced team of developers and builders stands behind the project, with a focus on quality and professional work.

We combine smarter ownership with a property you look forward to visiting.

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Video of the Heklureitur development. The final Heimkoma apartment will be presented later.

Quality that matters

Heklureitur

Laugavegur 170 · Heklureitur · Reykjavík

Discover Heklureitur
  • New development in a central location
  • Floor-to-ceiling windows and natural light
  • Underfloor heating
  • Bespoke Italian cabinetry
  • Quality appliances
  • Two balconies
  • Underground parking space

Why Heimkoma?

Ownership should be simple

Heimkoma brings owners together and manages the arrangements around ownership, so you can focus on enjoying the property.

01

Quality properties

We select properties whose location, design, construction quality and facilities meet Heimkoma's standards.

The first Heimkoma apartment in Reykjavík will be in the new development at Laugavegur 170 in Heklureitur.

We chose Heklureitur for its excellent location, elegant new apartments and collaboration with an experienced developer and builder focused on quality.

The aim is smarter ownership without compromising quality, allowing owners to enjoy a quality property in a more sensible way.

02

Everything in place

Heimkoma handles operations and management, keeping track of what needs doing. You do not need to add another property to your to-do list.

03

A simple booking system

Owners book their days through a shared system with clear rules promoting fair allocation.

04

A familiar experience

We prioritise consistent quality, equipment and technology across Heimkoma properties. You should feel familiar with your surroundings and know how things work when you arrive.

05

This is your place

The goal is a place you feel comfortable in, know well and look forward to returning to.

It should feel like coming home.

That is the idea behind Heimkoma — and the reason for the name.

Frequently asked questions

Frequently asked questions

Am I buying a share in a property?

Yes. You become the registered owner of an apartment share, rather than buying accommodation or a subscription. Ownership and agreement details are explained before purchase.

Is this timeshare?

No. You become the registered owner of an apartment share, rather than buying accommodation or a right to use it for a fixed period. Ownership is the fundamental difference.

How large is my share?

Each share is 12% and includes six weeks of use per year.

How is time divided between owners?

Owners book their days through Heimkoma's system. Clear rules govern day allocation and popular periods, giving every owner a fair opportunity to use the property.

Do I always have to book a whole week?

No. The system offers flexibility depending on the season and booking rules, allowing both shorter trips and longer stays.

Can my family use the apartment?

Yes. You may allow your children and parents to use your days in the apartment.

What if I do not use all my days?

You can allocate some days to rental under Heimkoma's rental arrangements and rules.

Who handles operations and maintenance?

Heimkoma handles daily operations and management. Running and maintenance costs are divided among owners under the property's arrangements.

What happens if something breaks?

Heimkoma manages the property and arranges maintenance and repairs, so owners do not have to handle the daily administration themselves.

Can I sell my share later?

Yes. Your ownership share can be sold. Clear rules govern sales and changes of ownership, explained further in the purchase documents.

Where will the first apartment be?

The first Heimkoma apartment in Reykjavík will be in the new development at Laugavegur 170 in Heklureitur. More details about the property, price and arrangements will follow in the coming weeks.

When will more apartment details be released?

We are preparing a detailed introduction to the first Heimkoma apartment in Reykjavík. Register your interest to be among the first to receive details about the property, price and arrangements in the coming weeks.