Real Estate Asset Manager salary in Iceland

Average Yearly Salary of Real Estate Asset Manager in Iceland is approximately 16,678,262 ISK (116,852 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Real Estate Asset Manager do?

A real estate asset manager is responsible for overseeing and maximizing the value of a real estate portfolio. They handle the day-to-day operations, financial performance, and strategic planning of properties on behalf of owners or investors. Their primary role involves analyzing market trends, evaluating property performance, and developing strategies to enhance profitability. Real estate asset managers also negotiate leases, manage tenant relationships, and coordinate property maintenance and improvements. They monitor market conditions, conduct property inspections, and ensure compliance with regulations and legal requirements. Additionally, they may be involved in property acquisitions or dispositions, conducting due diligence, and managing property budgets and financial reporting.

Skills: Real Estate Asset Manager, Property Management, Investment Analysis, Portfolio Optimization, Lease Negotiations, Financial Reporting.
Job industry: Real estate

How much does Real Estate Asset Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Real Estate Asset Manager a well paid job?

Yes, our data shows that Real Estate Asset Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Real Estate Asset Manager?

High salary for Real Estate Asset Manager would be somewhere between 18,346,088 ISK and 24,183,480 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Asset Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 16,678,262 ISK
Estimated Monthly Salary: 1,389,855 ISK
Estimated Weekly Salary: 320,736 ISK per week
Estimated Hourly Salary: 8,018 ISK per hour
By working as Real Estate Asset Manager a person can save up to 7,009 USD per month or 84,106 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Real Estate Asset Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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