Interesting backcountry ski tour is to ski from Bjallavad in Tungnaá along Eskihlid and Eskihlidarvatn (Lake Eskihlid).
Eskihlidarvatn (Lake Eskihlid) is 3 km. long lake, following the
common NE-SW-direction in Iceland’s volcanic zones.
The lake is 540 m. above sea-level, depth 27 m., size 175 hectares.
Small and overcrowded charr live in it.

A very interesting backcountry skiing is between Sigalda and
Landmannalaugar and as well as Hauneyjar and Veidivotn area
which takes around 6 hours to ski each leg. When you arrive at Landmannalaugar, you have the opportunity to bathe in the warm water or hike around the hot springs in the area.

Mýrdalsjökull (Glacier Myrdalsjokull)
 

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The Landmannalaugar area lies 600 meters above sea level and comprises the largest geothermal field in Iceland outside the
Grimsvotn caldera in Vatnajokull.

Veidivotn count well over 30 trout fishing lakes in the south
highland in Iceland. The water area is about 5 Km
wide and 20 Km in length, from north east to southwest.
This is one very popular place in summer for trout fishing. But the winter time is no less interesting although you cant fish.

The Blue Mountain skiing area near Reykjavik.
The skiing facilities have been in use since 1968. Ever since, it has been the favorite place for skiers in the
Capital area. It is constantly being added to and improved, and a Skiing Centre was opened in 1982. There are lifts, cross-country paths and a lodge.

Esjufjoll.
Esjufjoll is a nearly completely ice-covered volcano in the southeastern part of the massive Vatnajokull ice field.
It provides another standard entry point for traverses of Vatnajokull, with easy access up the broad glacial tongue
of Breidamerkurjokull, which nearly reaches the coastal highway. This is very interesting area for back country skiing, but
great care should be taken whilst in this area due to crevasses. It is highly recommended to do this trip with
a guide or someone that knows the area.

Ólafsfjordur village.
In the vicinity of Olafsfjordur are some excellent backcountry areas. For spring skiing a recommended day
tour would be to ski from Olafsfjordur to Hedinsfjordur and back to Olafsfjordur. Also possible pending on weather
and snow conditions would be to ski from Olafsfjordur south of Hedinsfjordur and follow the mountain ridge to the
town of Siglufjordur. To do these trips on skis would require full equipments such as skins, ice ax and crampons.
This route called "Botnaleid " is also highly recommended in the summer.
As a place to stay in Olafsfjordur I can recommend Brimnes Hotel and Cabins, a friendly place with a very nice staff.

The Mountain OK elevation 1200 meters.
To ski Mountain Ok is a lot of fun. To get there you drive the Kaldidalur route ( The Cold Valley ) which
lies between the Mountain Ok and The Long Glacier and its highest elevation is 727 m.
Usually it is passable for most types of vehicles three to five months of the year.

Timeshares
One way to explore your favorite region of Iceland every year is to buy timeshare there. Timeshares make it possible for individuals to share the economic responsibility of vacation property ownership. Because the property is divided among multiple owners, the cost to the individual is significantly reduced while the amenities and general quality of the resort will be much higher than a hotel room of similar pricing. If you're interested in visiting Iceland but haven't yet decided which region of this vastly diverse country you prefer, you might want to rent timeshare first. You can find great deals for timeshares on the resale market. Resellers don't just sell timeshare; they connect owners with individuals and can help you find the perfect rental fast. If you want to explore Iceland on a budget, consider buying or renting a Timeshares