Kópavogur,town, southwestern Iceland, situated on the southeastern shore of Faxa Bay, just to the south of Reykjavík, the nation’s capital. A modern fast-growing residential suburb of the capital, Kópavogur was , by the early 1970s, one of Iceland’s largest towns. On a tiny peninsula in the bay west of the town is Bessastadhir, residence of the nation’s presidentlate 1990s Iceland’s second largest town. Pop. (1990 2006 est.) 1627,186536.