Luxembourg City vs Reykjavik

Property market comparison · AI-modeled estimates

Modeled price per m² in Reykjavik is €6,410 lower than in Luxembourg City.

Modeled gross rental yield in Reykjavik is 2.2 percentage points higher than in Luxembourg City.

Why compare these cities? Similar population

Approximately 2,314 km apart by straight-line distance.

Market estimates in EUR. Total modeled return includes growth; it is not net rental income.
Metric Luxembourg City
Luxembourg
Reykjavik
Iceland
Gross rental yield 3.6% 5.8%
Total modeled return (yield + growth) 1.4% 8.2%
Average property price €850,000 €470,000
Average monthly rent €2,300 €1,800
Price per m² €11,910 €5,500
Population 124,509 131,136
Market data updated 2026-11-072026-11-08

City-wide averages can reflect different property mixes. These estimates are not a like-for-like property valuation. See the methodology.

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