| Status |
Active Listing |
| Type |
Hotels |
| Location |
Oradea |
| Country |
Romania |
| Sq.Ft |
N/A |
| Price
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€5,900,000 |
| Property experts project an Annual rate of return of : |
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N/A |
| the return on your investment in one year: |
N/A
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 For further reading on "property market in Romania" visit EMP Advisers website. |
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on "The Vulturul Negru Hotel" |
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• The hotel has an excellent position in the very center of Oradea City, Bihor County, Romania, nearthe Hungarian border;
• Bihor County is ranked in top ten counties (7th place) of business tourists destinations in Romania;
• Bihor County represents both a business destination due to accelerated economic growth of the region as well as a tourist destination due to an important number of historical and cultural monuments;
• The Vulturul Negru Hotel has one unique architecture in Oradea City center, being part of the historic monument named Vulturul Negru Passage;
• A full refurbishment was carried out in 2005;
• In terms of size Vulturul Negru is the second hotel in Oradea but it’s the only one with boutique hotel characteristics;
• Vulturul Negru is one of the few 4-star hotels in the western region of Romania;
• There is a strong possibility of obtaining a brand name franchise and hiring professional hotel
• operating company that would maximize the Vulturl Negru’s potential;
• Steady growth pace in the number of foreign visitors to Romania is expected over the next 10 years |
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