Property Inspection Iceland
Property Inspection Iceland
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    • Buyer inspection
    • Vendor inspection
    • Maintenance Planning
    • Damage investigations
    • Construction monitoring
    • Commercial Real Estate
    • ESG and Sustainability
    • Dispute Mediation
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  • About us
  • More
    • Home
    • Services
      • Buyer inspection
      • Vendor inspection
      • Maintenance Planning
      • Damage investigations
      • Construction monitoring
      • Commercial Real Estate
      • ESG and Sustainability
      • Dispute Mediation
    • Contact
    • About us
  • Home
  • Services
    • Buyer inspection
    • Vendor inspection
    • Maintenance Planning
    • Damage investigations
    • Construction monitoring
    • Commercial Real Estate
    • ESG and Sustainability
    • Dispute Mediation
  • Contact
  • About us

Buyer inspection

Request a Quote

Are you about to buy a property in Iceland? Albeit a house, a cabin or an apartment, when buying real estate, it is always recommended to have a technical inspection conducted in order to identify defects and related risks and costs. In Iceland, a buyer has the legal responsibility to make himself familiar with the property and to inspect it thoroughly before acquisition.  We offer several types of inspection, from quick screenings to more detailed inspections with a report and cost estimates. The different options are specified below. We focus on a tailor-made product with a personal and transparant service. Our inspections are conducted by a specialist with a Master in Science in Construction Engineering with 20 years of experience. 

Our options for a Buyer inspection

Screening inspection

A budget-friendly solution for clients who don´t need a written report. We conduct a site visit and communicate red flags immediately as described below:

Site visit

A site visit to the property will be organised in dialogue with the client and the broker/seller. A visual inspection of building components will be conducted in order to identify defects and maintenance needs on short term,  however without destructive testing, sampling, or any kind of measurements, unless specifically ordered. 

Red Flags

If the client can join the site visit, feedback will be given during or directly after the site visit. If the client cannot join the site visit, a  summary  of our findings and red flags will be communicated via phone or mail on the same day as the site visit is conducted. 

No written reporting is included in this inspection.


Regular inspection with report

A standard visual property inspection, adapted to your needs, including a site visit and report as described below:

Site Visit

A site visit to the property will be organised in dialogue with the client and the broker/seller. A visual inspection of building components will be conducted in order to identify defects and maintenance needs on short term,  however without destructive testing, sampling, or any kind of measurements, unless specifically ordered. 

Red Flags

If the client can join the site visit, feedback will be given during or directly after the site visit. If the client cannot join the site visit, a  summary  of our findings and red flags will be communicated via phone or mail on the same day as the site visit is conducted.

Report

A report will be issued. This will cover an assessment based on visual inspection of all visual building parts. Identified defects and repair and maintenance needs will be listed. Identified needs for further investigations will be listed. A picture annex is included in the report. 


Regular inspection with report and cost calculation

A standard visual property inspection including a site visit and report, including cost estimate to repair the identified defects, as described below:

Site Visit

A site visit to the property will be organised in dialogue with the client and the broker/seller. A visual inspection of building components will be conducted, without destructive testing, sampling, or any kind of measurements, unless specifically ordered. 

Red Flags

If the client can join the site visit, feedback will be given during or directly after the site visit. If the client cannot join the site visit, a  summary  of our findings and red flags will be communicated via phone or mail on the same day as the site visit is conducted.

Report

A report  will be issued. This will cover an assessment based on visual inspection of all visual building parts. Identified defects and repair and maintenance needs will be listed. Identified needs for further investigations will be listed. A picture annex is included in the report. 

Cost calculation

The report will be issued with  a cost calculation. This cost calculation will roughly estimate the cost to fix the identified defects and fulfil the identified maintenance needs. The cost calculation can be used in price negotiations with the seller or for budget planning. 

Limitations apply for the inspections, these will be specified in the offer we provide prior to each assignment.

Price list Buyer inspection (*)

Screening inspection

Property area <100 sqm

42 160 ISK

Property area between 100 sqm and 200 sqm

52 700 ISK

Property area between 200 sqm and 300 sqm

63 240 ISK

Propert area >300 sqm

Request quote

Regular inspection with report

Property area <100 sqm

126 480 ISK

Property area between 100 sqm and 200 sqm

158 100 ISK

Property area between 200 sqm and 300 sqm

189 720 ISK

Propert area >300 sqm

Request quote

Regular inspection with report and cost calculation

Property area <100 sqm

158 100 ISK

Property area between 100 sqm and 200 sqm

189 720 ISK

Property area between 200 sqm and 300 sqm

221 340 ISK

Propert area >300 sqm

Request quote

Service and Support

Regardless of the type of inspection, we always provide availability to assist and answer your questions related to our inspection and findings. We can also provide support in negotiations with the broker/seller if needed. Hourly rates apply for additional support.


Additional investigations

Should we, during our visual inspection, identify the need for additional investigations, we can either conduct these investigations or assist in finding suitable contractors that can conduct the type of investigation needed.

(*) Fees including VAT. Fees only valid for: Reykjavík, Kópavogur, Hafnarfjörður, Garðabær, Mosfellsbær and Seltjarnarnes. Outside of this region additional travel time, travel costs and road fees will be applicable. Order or request a quote via the button in the header. Indicated prices are valid for standard single unit residential properties in a condition suitable for living. We reserve the right to deviate from the prices above.

KeyWords

Property, Inspection, Survey, Real Estate, Ástandsskoðun,  Fasteignaskoðun, Fasteignir, Viðhald 


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