Íbúðin
Íbúðin is an Icelandic term that translates to "the apartment" or "the flat" in English. It is a common and widely understood word used in everyday Icelandic conversation and within the real estate market. The term refers to a self-contained housing unit that occupies only part of a building, on a single storey, and the whole storey, or a series of storeys within a building. Apartments are typically rented or owned by individuals or families as their primary residence.
The concept of an íbúð is prevalent in urban areas of Iceland where population density necessitates multi-unit
When searching for housing in Iceland, the term íbúð is central to real estate listings and discussions.