I usually am a fan of the 5 star review even when things aren't perfect, because nothing is. But this property had a couple of big problems you need to be aware of. First the good .... the location I amazing amazing amazing. It's a 10 out of 5! Also, the beds and bedding are top notch. But on VRBO it shows that the large double bed can be separated into two twins upon request. However, BEWARE, this is not an option! Luckily the couch turned out to be workable as a sleeping surface for one of our understanding friends but this could have been a HUGE problem. And even though they promised to bring us extra bedding for the couch, they never showed up during our 3 night stay. The next problem is the WIFI is terrible. It is inconsistent. I used mostly cell phone data while I was there because you could not rely on the wifi and waiting for things to load was frustrating. Overall Iceland has great wifi, so maybe you can put up with it at your apartment.
Overall it is super bare bones and missing the practical handy things most VRBOs have. Kitchen stuff is minimal. Another example there is only 1 bedside table in the big bedroom even though there is room for one on the other side. There is no place to put your suitcase except the floor, even though there is room. Why not at least have a folding option available? Bedroom 2 is tiny but has a great balcony. There was a broken window and rotting soup in the teakettle, but otherwise quite clean. Location makes up for everything!!!!