Geothermal Icelandic Sunken Basalt Plunge Pool Glass Chalet STR Underwriting 2026

Underwrite private natural mineral geothermal hot springs micro-chalets with sunken black basalt stone soaking plunge pools, heated floors, $990/night ADR, and annual net cash flows.

Underwriting Assumptions

Average Daily Rate (ADR $)

Annual Paid Occupancy (%)

Turnkey Basalt Chalet & Mineral Pool Capex ($)

Geothermal Water Maintenance, Linen & Ins ($/yr)

Projected Economics

Gross Annual STR Revenue

Net Annual Operating Cash Flow

Unlevered Cash-on-Cost Cap Rate