House prices: “Let’s all move to Iceland”

Photo: Iceland Monitor/Sigurður Bogi Sævarsson

“Let’s all move to Iceland” is the tongue-in-cheek advice of BuzzFeed’s Jamie Jones, who has put together a probably not very scientific comparison of what £1 million (GBP) will buy you house-wise in different European capitals.

While a cool million pounds (approx. ISK 140 million) in London will get you a modest three-bedroom terraced housed a mile away from the nearest underground station, the Reykjavik equivalent is somewhat more impressive.

Featured is a six-bedroom palatial abode with beautiful sea-views from most rooms in the house in the Greater Reykjavik municipality of Garðabær. The quoted price tag is £968,396.

Have a look through the sixteen cities here and see what you think.

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