Questions & Answers about Við búum á rólegu svæði nálægt skólanum.
Roughly, word by word:
- Við – we (subject pronoun, 1st person plural)
- búum – live / reside (verb, present tense, we live)
- á – on / in / at (preposition; here it means in / in a area)
- rólegu – quiet, calm (adjective, in a specific form to match svæði)
- svæði – area, region, zone (noun)
- nálægt – near, close to (preposition here)
- skólanum – the school (noun skóli in the dative with a definite ending)
So the overall meaning is We live in a quiet area near the school.