Mermaid Geothermal Spa Planned on Reykjanes Peninsula News Tagged with “Spa” An oasis of relaxation in central Reykjavik 8 Sep 2016 Reykjavik has plenty of wonderful spas that make the most of Iceland's geothermally heated water and natural skin products. In the Grand Hótel tower you'll find Reykjavik Spa, a small, elegant spa which offers luxurious pampering. More News