Geothermal Lake Bardarbunga North Rim Geo-Thermal Chalet STR 2026

Underwrite luxury engineered subterranean subglacial glass-domed geothermal chalets positioned on the northern rim of Bardarbunga caldera volcano lake beneath Vatnajokull, $1,710/night ADR, and annual net cash flows.

Underwriting Assumptions

Average Daily Rate (ADR $)

Annual Paid Occupancy (%)

Turnkey Subglacial North Rim Chalet Capex ($)

Subglacial Geothermal HVAC Maintenance ($/yr)

Projected Economics

Gross Annual STR Revenue

Net Annual Operating Cash Flow

Unlevered Cash-on-Cost Cap Rate