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The Alba Guesthouse, a friendly B&B, opened in June 2004 and is centrally located in Reykjavík's old town, just 500 meters from the BSI bus terminal. Restaurants and shops are within easy walking distance. The guesthouse offers ten rooms with shared facilities, including three family rooms for up to five guests. Free Wi-Fi is available throughout, and ample parking is provided. The Alba Guesthouse is non-smoking. A separate five-person apartment is also available for rent adjacent to the guesthouse.

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