Property in Romania

130 Government-Owned Properties will be auctioned

The Romanian authority has started procedures to sell 130 realties, including apartments in central Bucharest, shopping centres, land, hotels and villas.

The list of properties to be sold in a first stage does not include valuable real estate assets such as Floreasca Club and hotels Triumf and Mara. The list of assets for which auction procedures have started includes over 90 apartments and 10 shopping centres located in central Bucharest, a 3,066-sqm plot of land belonging to hotel Robinson in mountain resort Predeal, the tennis court and golf course of hotel Arad in seaside resort Neptun-Olimp (14,414 square meters) and other such assets in Bucharest, Snagov and Cluj-Napoca.

Date posted: January 30, 2012