Flexibility between years
Consider rentals when work, family life or travel reduce your own use. Participation is optional and decided in advance.
Rental Days · More possibilities with HeimkomaEnjoy your days.
How it works
Enjoy your days.
Put the others to use.
Rental Days is a simple way to use days you do not plan to enjoy yourself, through rentals managed by Heimkoma.
Key points
- You choose whether to participate. Contribute a number of days to the shared rental inventory.
- Heimkoma handles the process. Advertising, bookings, guests and cleaning.
- Income may help cover costs. Settlement depends on occupancy and terms.
01 / Choose your contributionDays to enjoy.
Days to enjoy.
Days to put to use.
You contribute a number of days to the year's rental inventory. You do not choose specific dates to rent out yourself.
| Rental option | Single property & Reykjavík | Three-home community | Owner's share of allocated net income |
|---|---|---|---|
| No rental | 0 days | 0% | — |
| Option 1 | 10 days | 25% of days | 50% |
| Option 2 | 20 days | 50% of days | 60% |
| Option 3 | 30 days | 75% of days | 65% |
Choose for the next year before 31 December. Changing your contribution requires Heimkoma's approval. Contributed days become part of that year's rental inventory and do not automatically return to personal use if unlet.
02 / More flexibility
Ownership that follows your life.
Less administration
You do not need to create listings, answer guest enquiries or arrange cleaning. Heimkoma handles the administration.
Potentially lower net costs
Rental income can offset property costs. The actual effect depends on bookings and settlement; income is not guaranteed.
03 / The house and communityThe same care.
The same care.
One coordinated management service.
Owners' use comes first
Heimkoma properties are primarily for owners. Rentals are limited and managed to fit shared usage. Owners hold usage rights linked to their shares, not fixed dates they can advertise independently.
From first enquiry to final clean
Heimkoma handles advertising, bookings and guest communication. Guests receive instructions and access through Heimkoma's system, with professional cleaning after rental stays.
Clear rules for everyone
Coordinated management supports consistent quality, clear responsibilities and oversight. Before you participate, we explain rental limits, booking windows and how other owners' needs are respected.
View booking rules ↗04 / From rental to settlement
How income is divided.
Income depends on actual rentals. Each owner's contribution and selected option determine their share.
Heimkoma's own days first
The first 14 rented days in each house use Heimkoma's own allocation. Their income is outside the owners' pool.
Owners' income goes into a shared pool
Income from further rental using owners' contributed days goes into a shared pool. In a three-home community, this combines income across all three houses.
Costs and fund contribution
All relevant rental costs are deducted, including cleaning, booking commissions and rental charges. Then 2% of the remainder goes into the operating fund. The costs themselves do not carry a 2% surcharge.
Allocation by contribution
Your contributed days divided by all owners' contributed days determine your portion of the income base. You then receive 50%, 60% or 65% of that portion depending on your option; Heimkoma receives the remainder.
Annual settlement
Owners' net income first offsets their fees for the year. Any balance is paid by 31 January of the following year under the rental rules. Owners handle their own tax returns.
Availability and occupancy
Guest rentals can be booked up to six months ahead. The 70% occupancy guideline for contributed days is an operating target, not guaranteed occupancy or an automatic maximum. Actual occupancy already affects pool income and is not multiplied again when allocating it.
Worked example
What is your share?
Allocation example
ISK 1,000,000 in the net income pool
After all relevant costs and the 2% fund contribution. Owners contributed 200 days in total; your contribution was 20 days.
20 / 200 = 10% of the income base
Your income base is ISK 100,000. At a 60% owner share, you receive ISK 60,000 and Heimkoma receives ISK 40,000.
An illustration of allocation, not an income forecast. Heimkoma's own days and their income are outside this pool.
Answers for interested buyers
Frequently asked questions about Rental Days
What is Rental Days?
Rental Days is an optional rental arrangement for Heimkoma owners. You contribute a number of your usage days to a shared rental inventory, and Heimkoma manages it under the community's rules.
Do I choose specific rental dates?
No. Your contribution is a number of days, not specific dates you book and rent out yourself. Heimkoma coordinates availability and bookings with regard to owners and property rules.
Do I have to participate every year?
Participation is optional. In a single property or Reykjavík, choose 10, 20 or 30 days; in a three-home community, 25%, 50% or 75%. No rental is also an option. Contributions are for the year and do not automatically return to personal use.
Can I advertise my days myself?
All rentals go through Heimkoma. Coordinated management handles availability, guests, cleaning and rules, preventing independent rentals from conflicting with other owners' use.
Is rental income guaranteed?
No. Income depends on demand, prices, bookings and costs. Contributing days does not guarantee the same number of rented nights or a particular return.
Where can I see usage and income?
Heimkoma provides an overview of contributions, occupancy and settlement. Contact us for information about your property.
What is the difference between Rental Days and THIRDHOME?
Rental Days provides organised rentals and potential income. THIRDHOME provides home exchanges: an approved stay can generate travel credits for other properties. The same usage days cannot be allocated to both programmes simultaneously.
Your stay · Rental Days · THIRDHOME
How would you like to use your days?
Own a home to enjoy yourself. When plans change, explore Rental Days for rentals or THIRDHOME for travel. Allocations must always follow the property's rules.
Discover THIRDHOME ↗Let's explore this together
What suits your usage?
Tell us how you envisage your year. We will discuss personal use, Rental Days, costs and rules for the property that interests you.
Book a Rental Days introduction