Geothermal Lake Myvatn Sunken Steam Bath Mineral Pool Chalet STR 2026

Underwrite luxury private architectural timber chalets featuring private subterranean natural volcanic fissure steam baths overlooking Lake Myvatn, $1,470/night ADR, and annual net cash flows.

Underwriting Assumptions

Average Daily Rate (ADR $)

Annual Paid Occupancy (%)

Turnkey Myvatn Steam 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