Icelandic Office Space: Where Work Meets Innovation

Office Space in Iceland

The landscape of Iceland, and Reykjavik in particular, has changed dramatically in recent years. Although the country's economy suffered a setback in 2008 when a global meltdown occurred, it has not regressed since. Foreign investors are settling in Iceland and many Icelandic companies have also moved here. All this has led to a steady increase in demand for office space in Iceland. Reykjavik takes the lion’s share for obvious reasons. If you are interested in finding out more about renting office space in Iceland for your company, read on.

The Whole Range is Available

When you start looking for office space, you will realise that the choice available to you is quite wide. You can rent exclusive office space or choose a private area within an office or co-working space. There are professional companies that specialise in this segment that you can contact to suggest the right solution for you.

There are customised solutions where you can have an office set up to suit your requirements. The nature of your business and the number of employees at different levels will play an important role in this decision. Companies that deal a lot with clients and have frequent meetings in the office will need a larger space that is also furnished to a high standard. If you are a small entity with limited interaction with the public, then the requirements for office space in Iceland are different.

If you have chosen the right agency, they can do all this for you without charging you anything upfront. They will structure the lease so that these costs are amortised over a period of time. This is a win-win situation for both parties. As a tenant, you have the freedom to keep your capital and invest in the business. The higher monthly rental costs can be managed as the business grows faster.

Co-Working Spaces Becoming Very Popular

The concept of the co-working space is becoming increasingly popular among young entrepreneurs in Iceland. The advantage of this arrangement is that you can occupy and pay for commercial office space for the limited period of time you want. You are assured of a proper office with a "plug-and-play" set-up including Wi-Fi connectivity. You can utilise the conference rooms if you need to hold meetings with your clients. Check the facilities on offer and the rate online and view the property before you decide to rent office space in Iceland.

Check whether the office is heated and has a printer and scanner. These are the basic requirements. You will also find that there is free coffee and that you have round-the-clocky0u access. This can be important if you work odd hours and need the office to keep in touch with your clients abroad.

You Should Find the Right Agency

Finding and finalising office space in Iceland is not a very arduous process. However, if you are not from Iceland and are not familiar with the terrain, you will need the help of a good agency that can guide you through the various steps. Icelanders are very co-operative and friendly by nature and with the wealth of information available online, it is much easier to find the right property at a reasonable price. Reykjavik is already a crowded place and the location of your office can be a problem. If distance is not an issue, you can move inland and look for better, bigger and cheaper accommodation for your office. If you have many employees, their daily commute to the office must also be taken into consideration.

If you need any assistance in Iceland for office space or other help, contact Swapp Agency.