Investment Office-hotel Units On Carol I Boulevard
- €895.000
Investment Office-hotel Units On Carol I Boulevard
- €895.000
Overview
- Business
- 1222 m²
- 167 m²
- 25
- 15
- 32
- 6
- 1936
- 1986
- Good condition, Needs renovating
Description
Office and Hotel Rental Spaces for Sale
A package of spaces suitable for office or hotel rental is for sale. This property is ideal for medium and long-term investment and is located on Carol I Boulevard. It sits halfway between Rosetti Square and Izvorul Rece Park, providing double access from both Carol I Boulevard and Calea Mosilor.
Property Details
The package consists of 32 rooms and outbuildings, arranged across the ground floor, the first floor, and part of the second floor. The total area is 1,222 square meters, which includes a usable area of 995 square meters. This property is part of a historic building that features a structure of S+G+8E levels.
This building was constructed in 1936 at the request of the Greek banker Aristotle Galiatzatos, designed by architects Enzo Canella and Constantin Jojea. It has been built on reinforced concrete frames and has undergone periodic maintenance to ensure structural integrity.
Building Improvements
Between 1980 and 1986, the property was partially reinforced through specific upgrades. This included sheathing the supporting pillars, applying reinforced mortar to masonry walls, and restoring the sanitary, electrical, and heating installations. Since 1990, the current owner has conducted ongoing maintenance and finishing works, keeping the spaces in very good condition for immediate use.
Modern Features
The spaces are equipped with low-current electrical installations and monosplit air conditioners. There are also interior and exterior surveillance systems installed for security. Heating is provided through a gas central heating system, featuring steel radiators. The property has both interior wooden joinery and exterior PVC joinery with double glazing, enhancing energy efficiency.
Strategic Location
The property benefits from a highly strategic location within a mixed residential and commercial-administrative area. Public transport is easily accessible, and it is close to educational institutions, government offices, museums, shops, and banks. Additionally, it includes a parking space for six cars, which is rented from the District 2 City Hall. This parking space is equipped with an automatic barrier and a surveillance system for added convenience.
Investment Potential
This property can represent a serious potential for future investment, suitable for both office and hotel-type operations. Its location and amenities make it an attractive option for investors looking to capitalize on the growing demand for commercial spaces in urban settings.
Address
Open on Google Maps- Address: Carol I Boulevard, Bucharest, România
- Country: Romania
Details
Updated on September 16, 2025 at 10:07 am- Property ID EU-1811192
- Price €895.000
- Property Size 1222 m²
- Land Area 167 m²
- Bedrooms 25
- Rooms 32
- Bathrooms 15
- Garages 6
- Garage Size 150
- Year Built 1936
- Property Type Business
- Property Status For Sale
- Condition Good condition, Needs renovating
- Ref. number DAS-6962
- Year Renovated 1986
Energy Class
- Energetic class: B
Energy Performance Diagnostic (DPE)
Economical housing
Energy-intensive housing
Mortgage Estimation
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- PMI
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