Reykjavik Design Guide is the series for the best hotels, restaurants, galleries and anything else we love.

To start things off, an excellent place for an overnight stay: Grettisborg.

Tucked away amidst the 101 courtyards, Grettisborg Apartments are run by product designers Roshildur Jonsdóttir and Snaebjörn Thór Stefánsson of studio Hugdetta.

Prior to opening in the fall of 2010, the 1920s house underwent extensive renovation.

– We tried to make the apartments as we would like to have a holiday apartment, like two showers so two can shower at the same time, enough storage, dishwasher and lots of pillows in the sofa—just comfortable, Jónsdóttir says.

The outcome is homey, design savvy, comfortable and cool, all without breaking the bank.

The flats also serve as hands-on gallery space for local design and art. Whether a sculpture or a kitchen cupboard, if you like it, you can buy it and take it home with you.