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Street construction fee schedule

Type

Percentage

Fee per sq m (ISK)

Min. sq m

Minimum (ISK)

Detached house

15.0%

45,596

240

10,942,925

Townhouses etc.

12.0%

36,476

190

6,930,519

Apartment building

8.4%

25,533

Other housing

9.6%

29,181

Assumptions and explanations

• Cost per square meter (indexed) 303,970 ISK (BVT Jan. 2025 194.5; basic assumptions in document).