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Established Luxury Villa Investment Near Reykjavík For Sale

Reykjavik, Iceland
Asking Price:
$2,200,000 (USD)
Sales Revenue:
$250,000 (USD)
Cash Flow:
$200,000 (USD)

A beautiful hilltop villa, nested in a secluded area just outside the city.

250.000 USD in sales after commission on average.

A valuable hotel licence included.

Geothermal water and own cold water well.

Owner lives close by and is open to continue to run the business for new owners.

Property Information

Real Estate:

Real Property Included

Location:

Only 5 minutes outside the city, amazing northern lights immersion and peaceful countryside within the city's radius

Premises Details:

An exceptional opportunity to acquire an established luxury hospitality property in Iceland, combining a secluded hilltop setting with convenient access to Reykjavík.

The property benefits from an existing hotel operating licence, a particularly valuable asset given the difficulty of obtaining new licences. It also enjoys geothermal water, a private cold-water well, spectacular northern lights viewing opportunities and reliable year-round access, including winter snow-clearing services.

The business has an established rental history and offers investors the opportunity to acquire both premium real estate and an operating hospitality business.

The current owner lives nearby and is open to continuing the day-to-day management of the property for the new owner, offering a potentially seamless transition and a hands-off investment opportunity.

Financial information and operating history are available to qualified buyers upon request.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

foreign investments.

Years established:
1

Other Information

Website:
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Home based:
This business can be run from home