Guest Houses for Sale in Reykjavík

The business is a luxury rental guest house located in Reykjavík, offering a perfect retreat for groups and families. - The guest house is in high demand because of its excellent location for viewing the Aurora Borealis. - Its close proximity to the city is a key highlight, as it is one of the few places left near the city since new developments have been restricted. - The property features a bed capacity to accommodate 10 guests per stay. - Boasts an interior area of 130 sq m on 5,000 sq m of land. - With a high demand during winters, the guest house commands a rent per night of up to 1,500 Euros. - Enjoyed an impressive 85% occupancy rate last year. - The property offers unique features such as a hot tub and sauna, and the living room has a 7m high ceiling, providing a luxurious experience for guests. - Has minimal operational expenses, with the primary cost being cleaning, which accounts for approximately 10% of the revenue. - With an average guest stay of 4 nights, the business is projected to end the year with a revenue of 250,000 euros, representing a steady increase from the previous year's revenue of 230,000 euros. - We have the necessary license for operating homestay in Iceland, which is also a part of the business. - The high valuation is driven by its prime location for viewing the Northern lights, its rare proximity to the city, and a high profit margin due to low operational costs.

The business is a luxury rental guest house located in Reykjavík, offering a perfect retreat for groups and families. - The guest house is in high demand because of its excellent location for viewing the Aurora Borealis. - Its close proximity to the city is a key highlight, as it is one of the few places left near the city since new developments have been restricted. - The property features a bed capacity to accommodate 10 guests per stay. - Boasts an interior area of 130 sq m on 5,000 sq m of land. - With a high demand during winters, the guest house commands a rent per night of up to 1,500 Euros. - Enjoyed an impressive 85% occupancy rate last year. - The property offers unique features such as a hot tub and sauna, and the living room has a 7m high ceiling, providing a luxurious experience for guests. - Has minimal operational expenses, with the primary cost being cleaning, which accounts for approximately 10% of the revenue. - With an average guest stay of 4 nights, the business is projected to end the year with a revenue of 250,000 euros, representing a steady increase from the previous year's revenue of 230,000 euros. - We have the necessary license for operating homestay in Iceland, which is also a part of the business. - The high valuation is driven by its prime location for viewing the Northern lights, its rare proximity to the city, and a high profit margin due to low operational costs.