In Borðeyri, there is a pre-school and an elementary school, a garage, and a guesthouse.

Prime Minister Sigurdur Eggerz and the painters Þorvaldur Skúlason and Karl Kvaran were born in Borðeyri.

In the second half of the 19th century, Borðeyri became a very important seaport of the time.

Today there is a mechanic's workshop, tourist services and a summer campground in Tangahús, and the owners of the old houses in Borðeyri are constantly improving their homes, but the townscape is very dilapidated due to the age of the village.

It has recently been renovated on the outside and is very impressive, making the village a very unusual place.