Real Estate Paralegal salary in Iceland

Average Yearly Salary of Real Estate Paralegal in Iceland is approximately 10,382,414 ISK (72,226 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 Paralegal do?

A real estate paralegal is responsible for providing legal support and assistance to attorneys specializing in real estate law. They play a crucial role in the preparation, organization, and completion of various real estate transactions, such as property purchases, sales, leases, and mortgage agreements. Real estate paralegals conduct title searches, review contracts and legal documents, draft correspondence, and assist in closing procedures. They may also assist in researching and analyzing real estate laws, regulations, and zoning ordinances. Attention to detail, strong organizational skills, and knowledge of real estate terminology and procedures are essential in this occupation.

Skills: real estate paralegal, legal support, real estate law, property transactions, title searches, contract review
Job industry: Legal

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

Yes, our data show that Real Estate Paralegal is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Real Estate Paralegal?

High salary for Real Estate Paralegal would be somewhere between 11,420,655 ISK and 15,054,500 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Paralegal 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: 10,382,414 ISK
Estimated Monthly Salary: 865,201 ISK
Estimated Weekly Salary: 199,662 ISK per week
Estimated Hourly Salary: 4,992 ISK per hour
By working as Real Estate Paralegal a person can save up to 3,290 USD per month or 39,480 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 Paralegal

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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