Reykjavik Extends Bid Deadline for Suðurhólar Building Rights

Reykjavik City has extended the deadline for companies interested in acquiring building rights for a residential plot located at Suðurhólar 27 in the Breiðholt district. The original deadline for submitting bids was previously set for October 9, 2026.

The site is zoned for row housing and single-floor homes, with plans allowing for buildings of two to three stories. The development has the potential to accommodate up to 40 housing units. Comprehensive details regarding the lot, bidding requirements, and land-use plans are accessible through the city's tender website.

Submissions must be made electronically via the Reykjavík City tender portal. The final deadline for bid submissions is noon on Friday, October 16, 2026. Only legal entities are eligible to bid for the building rights. Prospective bidders are advised to activate their access to the tender website well in advance of the deadline.

Answers to any inquiries will be posted on the tender website. The results of the tender process will be published on the city's tender portal and on the Reykjavík City website at reykjavik.is/athafnalif. This extension aims to encourage broader participation in the development opportunity.