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Griddvikings Can Buy Their Houses Back at the Same Price — Get a Three-Year Right of Return

Summary by DV
Starting from the beginning of next year, Grindvíkings will offer to buy back properties that they sold to Real Estate Company Þórkotla following the natural disasters in Grindavík. The purchase price will be the same as that originally paid by Þórkatla for the properties, and buyers will receive a special right of return for up to three years. This is among what is stated in the new Thorkotla buyback program that has been introduced. The plan i…

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The real estate company Þórkatla plans to offer Grindvík residents the opportunity to buy properties in the town at the same price as the company paid for them after Grindavík was evacuated due to the fires on the Reykjanes Peninsula. This is stated in the company's new buyback plan. Þórkatla was established by the state to buy up residential properties in Grindavík and has purchased a total of 961 properties in the town. Around thirty of them a…

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In the near future, previous owners of residential properties in Grindavík will have the opportunity to buy back their properties according to Þórkötla Real Estate Company's buyback plan.

·Reykjavík, Iceland
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Starting from the beginning of next year, Grindvíkings will offer to buy back properties that they sold to Real Estate Company Þórkotla following the natural disasters in Grindavík. The purchase price will be the same as that originally paid by Þórkatla for the properties, and buyers will receive a special right of return for up to three years. This is among what is stated in the new Thorkotla buyback program that has been introduced. The plan i…

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The Fasteignafélagið Þórkatla has developed a repurchase program that enables Grindvíkingum to buy back real estate sem ríkið buypti eftir eldgosin in the vicinity of bæjarins. This comes out in the announcement frá félaginu. It says that the plan is an important part of the town's recovery. We are not talking about a traditional real estate transaction, but a continuation of björgunaraction. Grindvíkingar who want to move back to the town have …

·Reykjavík, Iceland
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RÚV broke the news in Reykjavík, Iceland on Tuesday, November 10, 2026.
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