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Real Estate General Manager salary in Iceland

Average Yearly Salary of Real Estate General Manager in Iceland is approximately 12,888,974 ISK (89,763 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 General Manager do?

occupation personasA real estate general manager is responsible for overseeing the overall operations and management of a real estate property. They are in charge of ensuring the property is well-maintained, profitable, and in compliance with all regulations. Their duties include developing and implementing property policies, managing budgets and finances, negotiating leases and contracts, supervising staff, and resolving tenant issues. They also play a crucial role in marketing the property, attracting potential tenants, and maintaining positive relationships with existing tenants.

Skills: Real estate, Property management, Operations, Finance, Leasing, Tenant relations
Job industry: Real estate


How much does Real Estate General Manager make?

Salary details
How much does Real Estate General Manager make?
Estimated Yearly Salary: 12,888,974 ISK
Estimated Monthly Salary: 1,074,081 ISK
Estimated Weekly Salary: 247,865 ISK per week
Estimated Hourly Salary: 6,197 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 12,441,143 ISK
Estimated Monthly Salary: 1,036,762 ISK
Estimated Weekly Salary: 239,253 ISK per week
Estimated Hourly Salary: 5,981 ISK per hour
Last revision of data: 2024-01-06



Real Estate General Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 89,763 USD
Estimated Monthly Salary: 7,480 USD
Estimated Weekly Salary: 1,726 USD per week
Estimated Hourly Salary: 43 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate General Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Real Estate General Manager in Iceland earns on average:
1.44 times the average salary (or 144% of average salary).

Is Real Estate General Manager a well paid job?

Yes, our data shows that Real Estate General 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 General Manager?

High salary for Real Estate General Manager would be somewhere between 14,177,871 ISK and 18,689,012 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate General 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: 12,888,974 ISK
Estimated Monthly Salary: 1,074,081 ISK
Estimated Weekly Salary: 247,865 ISK per week
Estimated Hourly Salary: 6,197 ISK per hour
By working as Real Estate General Manager a person can save up to 4,751 USD per month or 57,017 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 General Manager

Norway is 126,446 USDup arrow 41%
Details on Real Estate General Manager salary in Norway
United Kingdom is 59,388 USDdown arrow 34%
Details on Real Estate General Manager salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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