Reykjavik Residence Apartment Hotel
Reykjavíkurborg, Reykjavík
Hotel in Reykjavík, Iceland
Book with PearlWhy go
A self-catering apartment hotel in Reykjavik's central 101 district, Reykjavik Residence Apartment Hotel suits travellers who want space and a kitchen over hotel-service depth. The Vatnsstígur 2 address puts you within walking distance of Laugavegur and the Old Harbour. Best value on stays of three nights or more, where the apartment format and central postcode justify the rate.
About Reykjavik Residence Apartment Hotel
Who Should Book Reykjavik Residence Apartment Hotel
If you're spending more than two or three nights in Reykjavik and want space to spread out without paying full hotel rates for a room you'll feel cramped in, Reykjavik Residence Apartment Hotel at Vatnsstígur 2 in the 101 postal district is worth serious consideration. The apartment format suits couples on extended stays, small families, anyone who wants a kitchen and a living area rather than a minibar and a wall-mounted TV. It is not the right choice if you want a hotel lobby to retreat to, a concierge on call, or a restaurant downstairs.
The Address and What It Buys You
Vatnsstígur 2 sits in the 101 district, which is the central core of Reykjavik. From here, Laugavegur's shops, the Hallgrímskirkja, the Old Harbour are all reachable on foot. In a city where most worthwhile sights and restaurants cluster tightly, a central address genuinely reduces transport friction. You are not paying for a hotel-brand premium; you are paying for the postcode. That distinction matters when you compare the apartment model against full-service options in the same neighbourhood. For context on how the broader Reykjavik hotel market lines up, our full Reykjavik hotels guide covers the competitive set in detail.
The apartment format also changes the economics of a longer trip. Being able to prepare breakfast or a simple dinner cuts daily spend considerably in a city where restaurant prices are among the highest in Europe. If your priority is keeping total trip cost down while staying centrally, an apartment in the 101 district delivers a different kind of value than a mid-tier hotel room at a comparable nightly rate.
What to Explore From Here
The location makes this a practical base for day trips to the Golden Circle, the South Coast, or the Blue Lagoon area. If you want to compare lodge-style options further afield, ION Adventure Hotel in Nesjavellir, Hotel Ranga in Hella, and The Retreat at Blue Lagoon Iceland each offer a different proposition for the Iceland countryside. Closer to the capital, Eleven Deplar Farm and Hótel Búðir are worth bookmarking for multi-stop itineraries. Browse our Reykjavik restaurants guide, our Reykjavik bars guide, and our Reykjavik experiences guide to plan the days around your base.
Practical Details
Location: Vatnsstígur 2, 101 Reykjavík; central 101 district, walkable to most of the city's main draws. Format: Apartment-style rooms with self-catering facilities. Leading for: Stays of 3 nights or more, couples, small families, value-focused travellers who want a central address without a full-service hotel rate. Booking: Easy availability in most seasons; no evidence of the booking pressure you find at design hotels in the same postcode. Note: Specific pricing, check-in hours, amenity details are not confirmed in our database; verify directly with the property before booking.
Planning details
- Location
- Vatnsstígur 2, 101 Reykjavík, Iceland
- Website
- reykjavikresidence.is
- Phone
- +354 561 1200
The take
The Take
The Vibe
Reykjavik Residence Apartment Hotel presents a residential, home‑like alternative to the city’s larger branded properties. The copy emphasizes self‑contained apartments with kitchens and living rooms, so the mood skews cozy and relaxed rather than hotel formal. Its address in the 101 district anchors it in Reykjavik’s oldest, most walkable neighborhood, which lends a quietly historic urban character without the fuss of full‑service hospitality. The overall impression is of a practical, low‑key base for city exploration — comfortable, unfussy and tailored to guests who prefer to live like locals for the length of their stay.
Best For
This property is best for travelers who plan multi‑night stays and want the flexibility to self‑cater and move at their own pace. It suits families and small groups who value an apartment’s living room and kitchen, weekend escape itineraries that include day trips to the Golden Circle or nearby lava fields, and business travelers seeking a central, walkable base rather than a full‑service hotel. It’s also practical for visitors arriving without a car, given the address’s proximity to Reykjavik’s main sights and dining strip.
Stay Tips
Book Reykjavik Residence when you expect to stay several nights and want the convenience of self‑catering; the description specifically highlights the ability to 'cook breakfast' before day trips. Choose this format if you prefer a living room and kitchen over daily room service and want easy walking access to Hallgrímskirkja, the old harbour and Laugavegur. If you’re planning excursions like the Golden Circle, use the apartment as a base for early departures; the location in 101 makes it straightforward to explore Reykjavik on foot before and after excursions.
Planning details
Location
Recognition and awards
Also consider
Also Consider
- 101 hotel Reykjavik; Notable alternative
- Ion City Hotel; Notable alternative
- Apotek Hotel by Keahotels; Notable alternative
- Canopy by Hilton Reykjavik City Centre; Notable alternative
- Hilton Reykjavik Nordica; Notable alternative
Hotel context
How It Compares
Against full-service hotels in the 101 district, Reykjavik Residence Apartment Hotel trades amenities for space and self-sufficiency. 101 Hotel Reykjavik is the design-led choice in the same postcode and delivers considerably more in terms of service, atmosphere, food; but at a higher rate per night with no self-catering offset. Apotek Hotel by Keahotels occupies a heritage building with strong character and is a better pick if atmosphere and a central bar matter to you. Neither is a direct competitor to the apartment model; they serve a different need.
For travellers weighing branded reliability, Canopy by Hilton Reykjavik City Centre offers loyalty points, consistent service standards, a known quantity; useful if you prefer predictability over the apartment experience. Hilton Reykjavik Nordica sits further from the centre but delivers full hotel infrastructure including a spa, making it the stronger call if facilities matter more than walkability. The Ion City Hotel is a design-forward option for those who want a more distinctive room; though again at a different price point and without self-catering.
The honest comparison is this: if you are staying two nights or fewer and want service, pick 101 Hotel or Canopy. If you are staying three-plus nights, travelling with family, or prioritising total trip cost over room service, the apartment format at Vatnsstígur 2 has a logic that the standard hotel options in the neighbourhood cannot match. Also worth considering in the broader city: Hlemmur Square for a hostel-hybrid format, Hotel Borg by Keahotels for heritage grandeur, Hotel Holt for art-collection character.
Explore Reykjavík
Around this place
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Unlock the full Reykjavik Residence Apartment Hotel guide in Pearl, including awards, comparisons, FAQs, planning details, and nearby places.
Compare Reykjavik Residence Apartment Hotel
| Venue | Awards | Booking Difficulty |
|---|---|---|
| Reykjavik Residence Apartment Hotel | 2025 Michelin Selected Hotels | Easy |
| 101 hotel Reykjavik | No published awards | Unknown |
| Ion City Hotel | No published awards | Unknown |
| Apotek Hotel by Keahotels | No published awards | Unknown |
| Canopy by Hilton Reykjavik City Centre | No published awards | Unknown |
| Hilton Reykjavik Nordica | No published awards | Unknown |
Key differences to consider before you reserve.
FAQ
Frequently Asked Questions
How is the location of Reykjavik Residence Apartment Hotel?
The address at Vatnsstígur 2 puts you in the 101 district, which is the walkable core of Reykjavik. Laugavegur, Hallgrímskirkja, the Old Harbour are all reachable on foot, it's a practical starting point for day trips to the Golden Circle or the South Coast. For central access without paying a premium for a polished hotel lobby, this location is hard to argue.
What is check-in like at Reykjavik Residence Apartment Hotel?
Specific check-in hours and procedures are not documented in our records for this property. Apartment-format hotels in Reykjavik frequently offer flexible or self-service check-in arrangements suited to guests arriving on variable schedules, but confirm the process directly with the property before arrival, especially if you're landing late from an international flight.
Do loyalty programs work at Reykjavik Residence Apartment Hotel?
Reykjavik Residence Apartment Hotel is an independent property, so major chain loyalty schemes such as Hilton Honors or Marriott Bonvoy do not apply here. If loyalty point accumulation matters to your decision, Canopy by Hilton Reykjavik City Centre or Hilton Reykjavik Nordica are the nearby options where those programs are active. Book direct at this property if you want the best available rate without intermediary fees.
How is the pool and spa at Reykjavik Residence Apartment Hotel?
Pool and spa facilities are not listed in the available data for this property. As an apartment-style hotel, on-site wellness amenities are unlikely to be a core offering. Reykjavik's public geothermal pools, including Sundhöll Reykjavíkur within easy reach of the 101 district, are a better option for that experience and are worth factoring into any Reykjavik stay regardless of where you sleep.
How does Reykjavik Residence Apartment Hotel compare to nearby hotels?
Against full-service options like 101 Hotel or Apotek Hotel by Keahotels, the Residence trades amenities and design polish for self-catering space and, typically, a lower per-night rate on longer stays. If you want a hotel experience with bar, restaurant, front-of-house service, look at 101 Hotel or Canopy by Hilton. If you're staying four or more nights and want a kitchen and room to spread out, the apartment format here makes more practical sense than paying hotel rates for a standard room.
