Real Estate Director Retail salary in Iceland

Average Yearly Salary of Real Estate Director Retail in Iceland is approximately 24,066,774 ISK (168,329 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 Director Retail do?

The occupation of a Real Estate Director in the retail industry involves overseeing and managing all aspects of real estate operations for a retail company. This includes identifying potential locations for new stores, negotiating lease agreements, managing property portfolios, and ensuring compliance with zoning and legal regulations. The Real Estate Director works closely with internal departments such as finance, operations, and marketing to align real estate strategies with business objectives. They conduct market research to identify emerging trends and opportunities, analyze financial data to evaluate the feasibility of potential projects, and collaborate with developers, landlords, and brokers to negotiate favorable terms. Additionally, the Real Estate Director is responsible for maintaining relationships with key stakeholders and providing guidance on property-related issues.

Skills: Real Estate Director, Retail Industry, Property Management, Lease Negotiations, Market Research, Financial Analysis
Job industry: Real estate

How much does Real Estate Director Retail make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Real Estate Director Retail a well paid job?

Yes, our data show that Real Estate Director Retail 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 Director Retail?

High salary for Real Estate Director Retail would be somewhere between 26,473,451 ISK and 34,896,822 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Director Retail 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: 24,066,774 ISK
Estimated Monthly Salary: 2,005,565 ISK
Estimated Weekly Salary: 462,823 ISK per week
Estimated Hourly Salary: 11,571 ISK per hour
By working as Real Estate Director Retail a person can save up to 11,299 USD per month or 135,583 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 Director Retail

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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