EN
Faroe Islands
🇫🇴 A country. We have 0 states and 0 cities, 0 streets and 0 properties registered in our database.
Rank #2 in Countries
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(0 reviews)
Insights About Faroe Islands
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Best Cities in Faroe Islands
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Worst Cities in Faroe Islands
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Ratings by Topic
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Cost of Living in Faroe Islands
Eating and Drinking
Budget-Friendly Meal at Restaurant
$ 21.52
3-Course Meal for 2 at Mid-Range Restaurant
$ 145.88
McDonald's McMeal or Similar Combo
$ 16.24
Cappuccino (Normal)
$ 5.32
Coke/Pepsi (0.33 Liter)
$ 2.98
Transport
Single Way Ticket (Local Transportation)
$ 0.01
Monthly Pass (Standard Price)
$ 0.00
Taxi Starting Price (Standard Tariff)
$ 10.89
Taxi 1 KM Price (Standard Tariff)
$ 0.31
Taxi 1 Minute Waiting Price (Standard Tariff)
$ 47.92
Fuel (1 Liter)
$ 1.84
Volkswagen Golf 1.4 Trendline (Or a Same Segment Vehicle)
$ 40,132.74
Toyota Corolla Sedan 1.6l Comfort (Or a Same Segment Vehicle)
$ 48,112.13
Leisure & Hobbies & Sport
Fitness Club
$ 54.11
Tennis Court (Weekend, 1 Hour)
$ 14.64
Cinema (1 Seat)
$ 16.04
Clothing
Jeans (Levis 501 or a Same Quality Jeans)
$ 133.66
Summer Dress (From Chain Stores like H&M, ZARA, etc.)
$ 51.01
Nike Running Shoes (Middle Segment)
$ 138.99
Men’s Leather Business Shoes
$ 175.17
Apartment Prices
M2 Price in City Centre
$ 3,393.70
M2 Price Far From City Centre
$ 1,831.90
20 Years Fixed Rate Mortgage Interest Rate (%, Annual)
$ 3.09
Grocery Shopping
Beer (Domestic, 0.5 Liter)
$ 8.37
Beer (Imported, 0.33 Liter)
$ 5.04
Milk (1 Liter)
$ 2.01
Fresh White Bread (500 Grams)
$ 4.05
White Rice (1 kg)
$ 3.54
Chicken Eggs (12 pcs)
$ 4.55
Local Cheese (1 kg)
$ 13.77
Chicken Meat (1 Kg)
$ 13.52
Beef Meat (1 Kg)
$ 25.59
Apple (1 Kg)
$ 2.55
Banana (1 Kg)
$ 2.41
Orange (1 Kg)
$ 2.90
Tomato (1 Kg)
$ 2.34
Potato (1 Kg)
$ 2.41
Onion (1 Kg)
$ 3.05
Lettuce (1 Piece)
$ 2.34
Water (1.5 Liter)
$ 3.21
Wine Bottle (0.7 Liter, Mid-Level)
$ 11.68
Cigarette (20 Pcs Pack, Marlboro)
$ 10.04
Monthly Bills
Basic Bills (Heating, Cooling, Water, Electricity, Garbage) for 90 m2 Apartment
$ 132.12
Internet Service (50 Mbps or Higher, Unlimited, ADSL)
$ 60.90
Childcare
Kindergarten (Private, Full-Day, Monthly)
$ 448.36
Primary School (Yearly, International, for Single Child)
$ 1,464.74
Rent
1 Bedroom Apartment Far From City Centre
$ 849.84
1 Bedroom Apartment in City Centre
$ 740.28
3 Bedrooms Apartment in City Centre
$ 1,725.87
3 Bedrooms Apartment Far From City Centre
$ 1,328.20
Salaries
Average Salary (Net, Without Taxes)
$ 2,134.28
Air Quality Details of Faroe Islands
A colorless, odorless gas emitted from incomplete combustion of carbon-based fuels, posing a health risk when inhaled in high concentrations.
A reddish-brown gas produced by combustion processes, particularly in vehicles and power plants, contributing to air pollution and respiratory issues.
A reactive gas present in the atmosphere, beneficial at higher altitudes but forming ground-level smog when concentrated, potentially harmful to respiratory health.
A gas resulting from burning fossil fuels containing sulfur, contributing to air pollution and respiratory problems.
Fine particles smaller than 2.5 micrometers in diameter, able to penetrate deep into the lungs, associated with respiratory and cardiovascular issues.
Coarser particles with a diameter of 10 micrometers or smaller, contributing to air pollution and potential health problems.
The United States federal agency tasked with safeguarding human health and the environment by regulating pollutants and implementing environmental laws.
The UK government department responsible for overseeing environmental protection, food production, and rural affairs.
Faroe Islands Geographical Information
ISO2
: FO
ISO3
: FRO
Phone Code
: +298
Currency
: DKK
Population
: 52,889 (2021)
Learn More About Faroe Islands
Welcome to our TrustLocale.com page dedicated to the beautiful Faroe Islands! Here, we strive to provide you with all the necessary information about the country's real estate market and property-related matters.
The Faroe Islands is a group of 18 volcanic islands situated between Norway and Iceland in the North Atlantic Ocean. The country boasts stunning landscapes of green cliffs, deep fjords, and rugged mountain peaks, with over 80% of its landmass covered in moors and heathland.
Despite its remote location, the Faroe Islands has a bustling economy and a thriving real estate market. With a population of around 52,000 inhabitants spread across its islands, the country has a diverse range of properties available, from small, traditional homes to modern apartments, and luxurious villas overlooking the sea.
If you're considering buying a property in the Faroe Islands, it's essential to know that the buying process is relatively straightforward. Non-residents can purchase a property in the Faroe Islands with the same rights as locals, and there are no restrictions on foreign ownership.
However, the cost of property in the Faroe Islands can be relatively high, with average house prices starting at around 2,500,000 DKK or 330,000 EUR. The country's unique topography and limited availability of land contribute to this, but owning a property in such a stunning location is truly special.
If you're looking for a real estate investment opportunity, the Faroe Islands may be a great option. The country's economy is stable and growing with a focus on renewable energy, fisheries, and tourism. Additionally, the Faroe Islands offers a high standard of living, with an excellent education system, reliable healthcare, and a low crime rate.
At TrustLocale.com, we provide you with all the up-to-date information on the Faroe Islands real estate market, from current listings to legal requirements. Our team of experts is committed to delivering quality and comprehensive services to help you make informed decisions about your property investments.
Thank you for choosing TrustLocale.com, your trusted and reliable partner in property investments in the Faroe Islands.
The Faroe Islands is a group of 18 volcanic islands situated between Norway and Iceland in the North Atlantic Ocean. The country boasts stunning landscapes of green cliffs, deep fjords, and rugged mountain peaks, with over 80% of its landmass covered in moors and heathland.
Despite its remote location, the Faroe Islands has a bustling economy and a thriving real estate market. With a population of around 52,000 inhabitants spread across its islands, the country has a diverse range of properties available, from small, traditional homes to modern apartments, and luxurious villas overlooking the sea.
If you're considering buying a property in the Faroe Islands, it's essential to know that the buying process is relatively straightforward. Non-residents can purchase a property in the Faroe Islands with the same rights as locals, and there are no restrictions on foreign ownership.
However, the cost of property in the Faroe Islands can be relatively high, with average house prices starting at around 2,500,000 DKK or 330,000 EUR. The country's unique topography and limited availability of land contribute to this, but owning a property in such a stunning location is truly special.
If you're looking for a real estate investment opportunity, the Faroe Islands may be a great option. The country's economy is stable and growing with a focus on renewable energy, fisheries, and tourism. Additionally, the Faroe Islands offers a high standard of living, with an excellent education system, reliable healthcare, and a low crime rate.
At TrustLocale.com, we provide you with all the up-to-date information on the Faroe Islands real estate market, from current listings to legal requirements. Our team of experts is committed to delivering quality and comprehensive services to help you make informed decisions about your property investments.
Thank you for choosing TrustLocale.com, your trusted and reliable partner in property investments in the Faroe Islands.
Popular Questions About Faroe Islands
The population of Faroe Islands is approximately 52,000 people.
The capital city of Faroe Islands is Tórshavn.
The official language of Faroe Islands is Faroese.
The currency used in Faroe Islands is the Faroese króna (DKK).
The time zone of Faroe Islands is Western European Time (WET).
The calling code for Faroe Islands is +298.
The major industries in Faroe Islands include fishing, aquaculture, and tourism.
The climate in Faroe Islands is oceanic, with mild winters and cool summers.
Some popular tourist attractions in Faroe Islands include the Mulafossur Waterfall, Kirkjubøur village, and Sørvágsvatn Lake.
The transportation system in Faroe Islands includes buses, ferries, and helicopter services for inter-island travel.
