- The annual membership fee for Blær is ISK 2,900. The fee is collected to cover costs associated with registration, and registration on the waiting list must be confirmed with payment every 12 months.
- The confirmation fee for allocation is ISK 50,000. The fee must be paid within seven days of allocation and is non-refundable if the applicant withdraws but will otherwise be applied towards the security deposit.
- Upon signing the lease agreement, the tenant must provide a security deposit equivalent to three months' rent. The security deposit guarantees the proper fulfillment of the lease agreement, i.e., rent payments, costs incurred during the return of the apartment, and compensation for damage to the rented property for which the tenant may be liable under the provisions of the rental laws. The tenant may also choose to purchase insurance through an approved provider. The security must be in place upon signing the lease agreement. The security deposit will be returned at the end of the lease term if no complaints are made about the return.
- The estimated rent prices for Blær apartments are listed below. The rent price is always confirmed when the lease agreement is made, and the stated contract price applies. The rent does not include monthly payments to the tenant management company, which will handle the operation and cleaning of shared areas. Rent prices may vary slightly between apartments; apartments with additional amenities may be slightly more expensive.
- Monthly rent for a 2-room apartment ranges from ISK 212,000 to ISK 223,000.
- Monthly rent for a 3-room apartment ranges from ISK 273,000 to ISK 289,000.
- Monthly rent for a 4-room apartment ranges from ISK 314,000 to ISK 329,000.
- Monthly rent for a 5-room apartment ranges from ISK 328,000 to ISK 338,000.