Minnum á opin hús Sunnudaginn 8 febrúar, Baughamar 1, 13-13:30 , Áshamar 2, 13:45-14:15
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Coverage about Kauplykill in Viðskiptablaðið and on MBL
Cheaper to own than rent ?
By taking out a smaller mortgage with the help of Kauplykil, monthly payments will be lower, the terms will be more affordable, and it will be easier to get through the payment assessment.
| Purchase Price | Price Example | 69,000,000 |
|---|---|---|
| 75% | Ownership Share | 51,750,000 |
| Equity (10%) | 6,900,000 | |
| Housing Loan (up to 65%) | 44,850,000 | |
| 25% | Kauplykill Share | 17,250,000 |
| Loan payment | 180.478 |
*Based on a 3-room 79.6 sq.m apartment
Loan from Birta Pension Fund, average installment in the first year, mv. 65% mortgage, vtr equal installment loan, 3.6% variable interest rate for 40 years. Further information about loan terms can be found at Aurbjörg.
Easier Down Payment - with Private Pension Savings
Now you can use your private pension as equity along with Kauplykill to make property purchase easier.
Example: Couples
Property Purchase 69,000,000
| Equity | 6,900,000 |
|---|---|
| Private Pension towards property purchase | 4,000,000 |
| Liquid assets, other savings | 2,900,000 |
Example: Individual
Property Purchase 69,000,000
| Equity 10% | 6,900,000 |
|---|---|
| Private Pension towards property purchase | 2,000,000 |
| Liquid assets, other savings | 4,900,000 |
Kauplykill Suits Everyone
Kauplykill helps you enter the real estate market sooner, without obligations or income requirements.
You contribute a minimum of 10% of the property’s purchase price. Kauplykill contributes up to 25% in return and becomes a co-owner, but you have 100% control over the apartment.
Contract Terms in Brief:
- Contract period: 3-10 years.
- Þú býrð í eigninni eða leigir hana út og greiðir mánaðarlega leigu fyrir eignarhluta Kauplykils.
- Leigan er ákveðin föst krónutala sem miðast við framlag Kauplykils og er skilgreind í samningi við kaupanda.
- Leigan er verðtryggð og ber verðbætur frá gjaldadaga, þar til hún er greidd
Kauplykill – together we open the doors to your home.
Kauplykill - Properties for Sale, Ready for Delivery
Áshamar 2
Sales have begun for a luxurious apartment building in a Swan-certified process in Hamranes, Hafnarfjörður. The building contains 34 apartments, ranging from two-bedroom to four-bedroom units. The apartments are bright and modern with practical layouts – delivered fully finished with flooring.
| Price example | 69,000,000 | |
|---|---|---|
| 75% | Ownership Share | 51,750,000 |
| Equity (10%) | 6,900,000 | |
| Housing Loan (up to 65%) | 44,850,000 | |
| 25% | Kauplykill Share | 17,250,000 |
| Loan payment | 180.478 |
Áshamar 4
Sales have begun for a luxurious apartment building in a Swan-certified process in Hamranes, Hafnarfjörður. The building contains 20 apartments, ranging from two to four bedrooms. The apartments are bright and modern with practical layouts – delivered fully finished with flooring.
| Price example | 63,100,000 | |
|---|---|---|
| 75% | Ownership share | 47,325,000 |
| Down payment (10%) | 6,310,000 | |
| Housing loan (up to 65%) | 41,015,000 | |
| 25% | Kauplykill share | 15,775,000 |
| Loan payments | 165,057 |
Áshamar 6
Sales have begun for a luxurious apartment building in a Swan-certified process in Hamranes, Hafnarfjörður. The building contains 34 apartments, ranging from two-bedroom to four-bedroom units. The apartments are bright and modern with practical layouts – delivered fully finished with flooring.
| Price example | 79,500,000 | |
|---|---|---|
| 75% | Ownership share | 59,625,000 |
| Down payment (10%) | 7,950,000 | |
| Housing loan (up to 65%) | 51,675,000 | |
| 25% | Kauplykill share | 19,875,000 |
| Loan payments | 207,923 |
Find Your Dream Home
You find your property from Skugga Construction Company that suits you. You contact TORG Real Estate who will review the payment arrangement, your down payment plus Kauplykill’s contribution.
You make an offer on the property.
Financing and Documentation
After the offer is accepted, financing through a lending institution begins.
Upon completion, purchase, co-ownership, and lease agreements are made with TORG Real Estate.
Kauplykill holds up to 25% ownership share throughout the contract period of 3-10 years.
Property Handover and Deed
The real estate agent arranges the deed transfer when purchase agreement conditions have been met.
You become the owner of the apartment, along with Kauplykill, and you have 100% right of disposal over it.
During the contract period, you can sell the property or buy out Kauplykill’s share.