I found it a little expensive taking into account that bed linen and breakfast are not included in the initial room rate.
The bathrooms are not located very far from the cottages, but you have to take into account that the facilities are those of a campsite (no heating in the toilets or showers), and the annoying little flies that are around the lake Myvatn.
We had a little cottage (no bathroom) booked in advance, but when we arrived they had already given it to some other people; luckily there was an identical cottage available, so there was finally no problem. The cottage was warm and cozy, placed just in front of the lake Myvatn, very near from many turistic atractions and places to hike like Krafla lava field.
Breakfast was also really good, i loved the pancakes.