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Tórshavn, Faroe Islands

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Penthouse · Tórshavn

$990,000
Price
206 m²
Living area
$4,806/m²
Price per m²
4
Bedrooms
2
Bathrooms
2025
Year built
A
Energy rating
  • For sale
  • Penthouse
  • New build
  • Balcony
  • Lift
  • Heating
  • Furnished
  • Fireplace

Description

This 4-bedroom penthouse in Tórshavn pairs 206 m² of space with plenty of daylight. Local markets and restaurants are around the corner. A lift serves every floor. Furniture is included. The wood-burning fireplace is a winter favourite. New build, completed in 2025. A home that suits a family or a couple.

This is a labelled example, not a home for sale. It shows how listings appear on Door24.

Location

Tórshavn, Faroe Islands

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Costs and financing

Purchase costs (estimate)

Purchase price: $990,000Transfer tax / stamp duty: $39,600Notary, registry and legal: $14,850 $1,044,450
Total including costs
Purchase price
$990,000
Transfer tax / stamp duty (4 %)
$39,600
Notary, registry and legal (1.5 %)
$14,850
Total including costs
$1,044,450
Price per m²
$4,806

Estimate for Faroe Islands, based on typical rates for a resale home. Rates differ by region, for new builds and for non-residents; a local lawyer or notary gives the exact figure.

Financing example

Loan amount
$693,000
Monthly payment
$4,679
Total interest
$710,756

Example only. Banks decide the rate and how much they lend, often less to non-residents.

Price history Demo listing

Example chart with illustrative numbers, so you can see how it works. Real listings show the asking prices Door24 records day by day.

Listed on Oct 17, 2026 at $990,000; the asking price has not changed since.

Asking prices in Tórshavn: Penthouse, For sale

$4,517/m²$4,700/m²$4,884/m²$5,067/m²$5,250/m² Apr 19, 2027: $5,017/m²Oct 19, 2027: $5,179/m²Oct 19, 2027 Oct 19, 2025Oct 19, 2026

Average asking price per m² of homes on Door24, recorded daily. Asking prices, not sales prices. Based on 7 homes.

Dashed line: where the average would be on Oct 19, 2027 ($5,179/m², +6.5 % in a year) if the trend of the last 365 days simply continued. This is arithmetic on past asking prices, not a forecast and not advice; prices can move the other way.

Who lives in Faroe Islands

Country-wide figures, so you can place the home in context. They describe Faroe Islands as a whole, not this street or neighbourhood.

Under 15: 19.9 %19.9 %15 to 64: 62.3 %62.3 %65 and over: 17.8 %17.8 % Faroe Islands
Age structure
  • Under 15 19.9 %
  • 15 to 64 62.3 %
  • 65 and over 17.8 %
  • Income per person (purchasing power, USD)$82,089 higher than 93 % of countries
  • Living in cities39.6 %
  • Life expectancy83.1 years higher than 91 % of countries
  • Using the internet97.6 % higher than 94 % of countries
  • Population54,900

Source: World Bank Open Data (CC BY 4.0), latest available years (2017–2025).

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