Real Estate Counsel salary in Iceland

Average Yearly Salary of Real Estate Counsel in Iceland is approximately 23,645,511 ISK (165,535 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 Counsel do?

A real estate counsel is a legal professional who specializes in providing guidance and advice on matters related to real estate transactions and property law. They work closely with clients, which can include individuals, businesses, and organizations, to ensure that their real estate dealings are in compliance with laws and regulations. Real estate counsels assist in drafting and reviewing contracts, negotiating lease agreements, conducting due diligence, resolving disputes, and managing legal risks associated with property transactions. They may also provide legal representation in court or during arbitration proceedings. Real estate counsels need to stay updated on local and national real estate laws, zoning regulations, and environmental issues to offer effective legal advice to their clients.

Skills: Real estate lawyer, Property law advisor, Legal counsel for real estate, Real estate transaction specialist, Contract negotiation expert, Property dispute resolution, Compliance with real estate laws
Job industry: Real estate

How much does Real Estate Counsel 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 Counsel a well paid job?

Yes, our data show that Real Estate Counsel is a very 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 Counsel?

High salary for Real Estate Counsel would be somewhere between 26,010,062 ISK and 34,285,991 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Counsel 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: 23,645,511 ISK
Estimated Monthly Salary: 1,970,459 ISK
Estimated Weekly Salary: 454,721 ISK per week
Estimated Hourly Salary: 11,368 ISK per hour
By working as Real Estate Counsel a person can save up to 11,066 USD per month or 132,789 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 Counsel

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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