Elf Refle [English], by Kasei
We’re in an heroic-fantasy setup, a band of adventurers invit a new member into their party to visit an onsen with them, as if it were a fantastic reward for a rookie. He soon understands why: the personnel is all elves, and the hospitality services include those of a sexual nature: YAY for hidden elven brothels!
That was cute sex, intense at peak times, and almost tender otherwise, taking the time to enjoy each other’s presence. The female MC was cute, too, a slender, very finely drawn Elf…
I lack the proper vocabulary to properly convey how good it felt because was normal without anything extraordinary, she was sime, but beautifully so… Ah, it’s frustrating, sorry ^^
It’s been released by Tracesnull and FreeloaderV, thank you!
By the same artist, I also share Okitsune Winter and Maid-san To No Seikatsu.
And now, the download & gallery links 
Open the Complete Pictures Gallery
Download the Free Hentai Manga in a Zip file
(35 MB, 28 pictures, English)
Or you can also use the Alternative:
Zip Mirror #1 – or – Zip Mirror #2 – or – Zip Mirror #3
All I could think about while reading this, was investment opportunities.
Like how these ladies pitched this place to people they were seeking startup capital from.