Geothermal Lake Kerlingarfjoll Rhyolite Mountain Hot Spring Chalet STR 2026

Underwrite luxury private architectural basalt chalets featuring private subterranean geothermal mineral plunge pools overlooking the steaming rhyolite mountains of Kerlingarfjoll, $1,650/night ADR, and annual net cash flows.

Underwriting Assumptions

Average Daily Rate (ADR $)

Annual Paid Occupancy (%)

Turnkey Kerlingarfjoll Chalet Capex ($)

Geothermal Mineral Loop Maintenance & Staff ($/yr)

Projected Economics

Gross Annual STR Revenue

Net Annual Operating Cash Flow

Unlevered Cash-on-Cost Cap Rate