Flora Hotel Seaside Resort

Flora Hotel Seaside Resort

Investment Opportunity with excellent development potential for Sale with Total Land surface: 6610 sqm & Currently Built Area of 18179 sqm

  • AVAILABLE FOR SALE: €11.5 million

    👉 An exceptional opportunity for investors to develop a large scale residential touristic complex and seeking a flagship hospitality asset in Eastern Europe.

Flora Hotel

Flora Hotel, a landmark 3-star property in the heart of Mamaia, Romania’s most famous seaside resort. Situated in a very prime location, only 20 meters from beach. It is a unique complex, part of an emblematic development of five high-rise buildings with a distinctive linear architectural design. It can accommodate up to 620 guests in 309 comfortable double rooms and 29 apartments. It consists of extensive facilities, 2 restaurants and outdoor terraces, bar and conference rooms, wellness area with sauna and jacuzzi, outdoor swimming pool and landscaped green areas. There is a 24-hour Medical Center available, located inside the hotel, providing emergency services and treatments. This property combines historical value, prime positioning in Romania’s top seaside destination, and strong potential for further modernization and revenue growth.

The complex has a strong potential for further modernization and revenue growth, in a plot of land of 2930 sqm, where it we can be developed further with a new construction (of 2 or 3 towers) with permitted construction areas multiplied by 4, meaning 11720 sqm in total for Ground Floor and erected levels, to which should be added balconies and the 2 underground technical levels that will include the parking area for the entire new building (as per the below proposal).

The unique position allows that from all those proposed towers to have both, Black Sea view and Siutghiol Lake view.