Home > Salary > Iceland > Real Estate Manager
A real estate manager is responsible for overseeing the day-to-day operations of properties, ensuring their efficient management and maximizing their value. They handle various tasks such as marketing vacant units, screening potential tenants, negotiating leases, collecting rent, maintaining the property, and addressing tenant concerns. Real estate managers also develop and implement strategies to increase occupancy rates and rental income, as well as establish budgets and financial plans.
Estimated Yearly Salary: 15,687,445 ISK
Estimated Monthly Salary: 1,307,287 ISK
Estimated Weekly Salary: 301,682 ISK per week
Estimated Hourly Salary: 7,542 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,267,159 ISK
Estimated Weekly Salary: 292,421 ISK per week
Estimated Hourly Salary: 7,311 ISK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 109,892 USD
Estimated Monthly Salary: 9,158 USD
Estimated Weekly Salary: 2,113 USD per week
Estimated Hourly Salary: 53 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 15,687,445 ISK
Estimated Monthly Salary: 1,307,287 ISK
Estimated Weekly Salary: 301,682 ISK per week
Estimated Hourly Salary: 7,542 ISK per hour
By working as Real Estate Manager a person can save up to 6,429 USD per month or 77,146 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.
Estimated Yearly Salary for Real Estate Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Sports reporter (5,377,505 ISK per year, pre-tax.)
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Real Estate Manager salary in Iceland
Average Yearly Salary of Real Estate Manager in Iceland is approximately 15,687,445 ISK (109,892 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 Manager do?
A real estate manager is responsible for overseeing the day-to-day operations of properties, ensuring their efficient management and maximizing their value. They handle various tasks such as marketing vacant units, screening potential tenants, negotiating leases, collecting rent, maintaining the property, and addressing tenant concerns. Real estate managers also develop and implement strategies to increase occupancy rates and rental income, as well as establish budgets and financial plans.
Skills: real estate manager, property management, leasing, tenant relations, property maintenance, financial planning
Job industry: Real estate
Job industry: Real estate
How much does Real Estate Manager make?
Salary details
How much does Real Estate Manager make?Estimated Yearly Salary: 15,687,445 ISK
Estimated Monthly Salary: 1,307,287 ISK
Estimated Weekly Salary: 301,682 ISK per week
Estimated Hourly Salary: 7,542 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,205,905 ISKEstimated Monthly Salary: 1,267,159 ISK
Estimated Weekly Salary: 292,421 ISK per week
Estimated Hourly Salary: 7,311 ISK per hour
Last revision of data: 2024-01-09Real Estate Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 109,892 USD
Estimated Monthly Salary: 9,158 USD
Estimated Weekly Salary: 2,113 USD per week
Estimated Hourly Salary: 53 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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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 Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Real Estate Manager in Iceland earns on average:
1.75 times the average salary (or 175% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Real Estate Manager in Iceland earns on average:
1.75 times the average salary (or 175% of average salary).
Is Real Estate Manager a well paid job?
Yes, our data shows that Real Estate 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 Manager?
High salary for Real Estate Manager would be somewhere between 17,256,190 ISK and 22,746,795 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Real Estate 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: 15,687,445 ISK
Estimated Monthly Salary: 1,307,287 ISK
Estimated Weekly Salary: 301,682 ISK per week
Estimated Hourly Salary: 7,542 ISK per hour
By working as Real Estate Manager a person can save up to 6,429 USD per month or 77,146 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 Manager
Norway is 154,134 USD
United Kingdom is 72,371 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Sports reporter (5,377,505 ISK per year, pre-tax.)
Screen printer (5,599,122 ISK per year, pre-tax.)
Computer technician (6,397,527 ISK per year, pre-tax.)
Registered dietitian (10,208,055 ISK per year, pre-tax.)
Securities analyst (10,202,777 ISK per year, pre-tax.)
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