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The Karlsstadir Farm: Farmland, Guesthouse, Café, Coast, Mountains For Sale

Djupivogur, Iceland
Asking Price:
$1,150,000 (USD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

The Karlsstadir farm extends from the coast to mountain tops at the northern shore of Berufjordur in Djupavogshreppur in Iceland

The farm is 135 ha, of which 25 ha are cultivated hay and vegetables fields. Additionally, 400 ha of land belong jointly to Karlsstadir and two neighboring farms, including a part of Krossdalur valley.

The co-owned land is used for grazing and has good opportunities for ptarmigan hunting. The farm has income from reindeer hunting permits. Karlsstadir farm is a habitual residence with vegetable farming, food production, and active restaurant and accommodation services.

All properties on the farm have been extensively renovated in the last 5 years.

The farm has a certification for organic agriculture and processing from TÚN (an independent conformity assessment body working with the Ministry for Industry and Innovation).

The Karlsstadir coast line has rich bird life, including growing eider duck nesting. The coastline provides opportunities for docking boats.

A “forestry contract” is in place with the Icelandic Forest Service under the National Forestry Programme.

Fiber optic cable connection to the farm is scheduled in 2020.

An expanded connection to the National Power Grid was recently installed.

In summary, Karlsstadir farm offers many opportunities for tourism, farming, food production and full time or part time residency in a spectacular natural setting in the Icelandic East Fjords.

The following properties are on the farm:

The Newer Farm House, built in 1976, 152 m2:
Well maintained and extensively renovated in last 5 years. Renovations include a new, custom built, kitchen installed with high quality utilities, new glass in all windows, new flooring (cork), new radiators, new water inlet and water pipes and most electrical cables were renewed. Four good bed rooms, one bathroom. The house is recently painted and has a new patio on the south and west side with spectacular views.

The Old Farm House, built in 1927, 111 m2:
The Old House is well maintained and largely renovated in last 5 years. An accommodation permit for 8 people in 4 rooms is in place. The house has been redesigned by a certified architect and a maintenance grant has been awarded from the Cultural Heritage Agency. The Old Farm House has an important cultural conservation value and income opportunities from accommodation services.

Food Production, Built in 1990 and extensively renovated in 2015. Approximately 250 m2:
Well equipped building with a cool storage room, certified for food production. Spacious and bright industrial kitchen, including dry storage room, coffee room, toilet, staff locker room. Suitable for any kind of food production. Various food production equipment could be included. Insulated cold storage with a dedicated AC system in basement. All water and electrical installations are new as well as the sewage system.

Hostel. Rebuilt in 2017 on a foundation from 1976, approximately 200 m2:
Outer and inner walls, roof and ceiling, doors, windows, electrical lines and water pipes, and sewage are all new. The hostel is in full operation since 2017 with a rating of 8.7 at Booking.com. Laundry room and storage for the hostel are shared with the Restaurant/event venue. Accommodation permit for 40 persons is in place. All equipment included. The building has new larch siding.

Restaurant/event venue, built in 1976 and extensively renovated in 2016, approximately 160 m2:
A new restaurant space with a permit for 100 guests in seats. Fully equipped restaurant counter and bar. Professional sound system, lights and overhead projector and other equipment. Backstage area, storage room and staff room shared with the hostel. All electrical installation, water pipes and sewage is new. Tourist traffic is good and steadily growing and visitor reviews and reviews by travel sites (e.g. Lonely Planet) are very positive.

Office/storage:
52 m2. A garage converted to an office space, recording studio and storage room.

Other older farm buildings, about 120 m2:
This includes a barn, cow shed, and aviary. Currently used for storage but could be renovated for other purposes, or to keep farm animals.

The restaurant, hostel and food production at Karlsstaðir is operated under the Havarí trademark. The business and trademark could be sold with the farm to an interested buyer.

Property Information

Real Estate:

Real Property Included

Location:

The Karlsstadir farm extends from the coast to mountain tops at the northern shore of Berufjordur in Djupavogshreppur.

Other Information

Home based:
This business can be run from home.

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