I have fished Iceland several times with a group of friends. 10 days DIY on a budget of 1250 euro per person (= 1000 GBP). That is everything included: flights (Brussels - Keflavik), 4x4 car hire, fuel, food and drinks, cabins, fishing licenses...
Salmon fishing
You can fish the famous salmon rivers if you have a big budget. You could catch up to 30 salmon per day, but it will cost you 10 000 euro for a week. Forget about the cheap salmon rivers. They will cost 200 euro per day or so, but chances are that you won't even see a fin if you go without a knowledgeable guide...
Be aware about 2 things:
- Rod sharing is allowed (= 2 fishermen take turns while fishing a beat)
- You can take a license on the lower part of a famous salmon river. The lower part is often called the "char beat". It is the easiest part and the salmon will race through it on their way up. Nevertheless it is possible to catch salmon in these pools as well. And lots of nice and strong sea-run arctic chars. And above all... it is cheap!
Brown trout fishing in the rivers
Actually, what I had posted here was not correct and I was asked to remove it completely. We have visited the river Minnivallalaekur but we did not fish there. I was badly informed by a local about the reason of the fishtanks. But Stjani has prooved to me that I was wrong and I believe him!
Brown trout and landlocked char fishing in the highlands
This is the best kept secret about Iceland. When you take the effort to hire a 4x4 and drive up to the highlands and do some hiking, then you will find countless lakes and creeks that connect them. These are full of wild brown trout and chars. And they are eager to take your fly. Why, because they do not know angling pressure. And the best thing is... IT IS REALLY CHEAP! Starting from 20 euro to 50 euro per person per day for cabin and fishing license.
More galleries at
https://plus.google.com/u/0/photos/1...12993185557937
https://plus.google.com/u/0/photos/1...84397892375969