Bjarg's projects

Bjarg's mission is to provide tenants with secure homes for long-term rent. The company has made agreements with various municipalities in Iceland for building and renting apartments, discussions are also at an early stage in other municipalities.

1049 tenants have already received their apartments.
204 apartments are under construction or design process.
751 apartments are in preparation.

Projects in process

  • Húsavík (Lyngholt 42-52), 6 apartments. The apartments are scheduled to be ready for rent in April 2025. 
  • Mosfellsbær (Úugata 10-12), 24 apartments. Constructions started in March 2025 and the first apartments are expected to be ready for rent in October 2025. The project is estimated to be fully accomplished in June 2026.
  • Safamýri 58 - 60 (by Háleitisbraut), Reykjavík. 36 apartments. Constructions started in October 9th 2024 and the apartments are expected to be ready for rent in June 2026. The project is estimated to be fully accomplished in July 2026. Applications will open in the summer of 2025. 

Projects in preparation

  • Reykjanesbær (Trölladalur 1-11), 30 apartments. In design process. Starting point scheduled spring 2025.
  • Flúðir (Loðmundartangi), 4 apartments. In design process. Starting point scheduled spring 2025.
  • Haukahlíð, 102 Reykjavík, 76 apartments. In design process. Starting point scheduled spring 2025.
  • Akureyri (Langimói 1-3), 16 apartments. In design process. Starting point scheduled spring 2025.
  • Akureyri (Langimói 13-15), 12 apartments. In preparation. 
  • Rangársel, Reykjavík, 50 apartments. On hold.
  • Gufunes II, Reykjavík, 60 apartments. On hold.
  • Skerjafjörður, Reykjavík, 92 apartments. On hold.
  • Korpureitur, Reykjavík, 50 apartments. On hold.
  • Vogur (the lower side of Ártúnshöfði), Reykjavík, 73 apartments. On hold.
  • Safamýri, Reykjavík, 50 apartments. On hold.
  • Miklubrautarstokkur, Reykjavík, 70 apartments. On hold.
  • Skerjafjörður II, Reykjavík, 72 apartments. On hold.
  • Sæbrautarstokkur, Reykjavík, 40 apartments. On hold.
  • Veðurstofuhæð, Reykjavík, 50 apartments. On hold. In planning.
  • U reitur (between BSÍ and N1 in Vatnsmýri), Reykjavík, 50 apartments. On hold.
  • Other areas, within Reykjavík, 50 apartments. On hold.

Projects completed

  • Brekknaás, Reykjavík, 48 apartments. First apartments were delivered to new tenants in July 2024. The project was fully accomplished in February 2025.
  • Suðurnesjabær (Sandgerði), Bárusker 1, 11 apartments. Project started in June 2023. Apartments were ready in February 2025. 
  • Hella, Lyngalda 4A, 5 apartments. Project started in April 2024. The apartments were ready in January 2025. 
  • Akranes, Asparskógar 3, 24 apartments. The project was fully accomplished summer 2024.
  • Hvolsvöllur, Hallgerðartún 69-75, 4 apartments. The project was fully accomplished summer 2024.
  • Hafnarfjörður (in Hamranes), 148 apartments. The project was fully accomplished in October 2023.
  • Garðabær, Maríugata 5 (Urriðaholti), 22 apartments. The project was fully accomplished in March 2023.
  • Grindavík, Víkurhóp 61, 10 apartments. The project was fully accomplished in March 2023.
  • Hraunbær 133, Árbær, Reykjavík, 52 apartments. First apartments were ready for rent in October of 2022. The project was fully accomplished in January 2023.
  • Hveragerði, Langahraun 28-46, 10 apartments. The starting point of November 2021. The project was fully accomplished in November 2022.
  • Tangabryggja 5, Bryggjuhverfi, Reykjavík, 79 apartments. The starting point of June 2020. The project was fully accomplished in July 2022.
  • Tangabryggja 1, Bryggjuhverfi, Reykjavík, 23 apartments. The project was fully accomplished in June 2022.
  • Bátavogur 1, Vogabyggð, Gelgjutangi, Reykjavík, 60 apartments. the starting point in May 2020. The project was fully accomplished in March 2022.
  • Selfoss, Heiðarstekkur 1-3, 28 apartments (Heiðarstekkur in Björk). The first tenants moved in June 2021. The project was fully accomplished in December 2021.
  • Silfratjörn, Úlfarársdal in Reykjavík, 66 apartments. The first tenants moved in September 1st 2020. The project was fully accomplished in October 2021.
  • Akureyri, Gudmannshagi 2 and 4, 31 apartments. The first tenants moved in November 1st 2020. The project was fully accomplished in April 2021.
  • Hraunbær 153-163 in Reykjavík, 79 apartments. The first tenants moved in November 1st, 2020. The project was fully accomplished in March 2020.
  • Hallgerðargata 2-16 in Reykjavík, 64 apartments. The first tenants moved in November 1st, 2020. The project was fully accomplished in April 2021.
  • Þorlákshöfn, Sambyggð 14b, 12 apartments. All apartments were ready in October 2020.
  • Urðarbrunnur, Úlfarársdalur in Reykjavík, 66 apartments. The first tenants moved in, in August 2019. The project was fully accomplished in April 2020.
  • Móavegur, Grafarvogur in Reykjavík, 124 apartments. The first tenants moved in, in June 2019. 
  • Akranes, Asparskógar, 33 apartments. The first tenants moved in, in June 2019.