Business Opportunity in George Emil Palade Street, Mangalia, Constanta, Romania
5,500,000 EUR
(Negotiable)

Business Opportunity in George Emil Palade Street, Mangalia, Constanta, Romania

Investment Opportunity on the Romanian Coast

Asking Price: 5,500,000 EUR
(Negotiable)
Discover an extraordinary investment opportunity nestled in the vibrant heart of Mangalia, a picturesque coastal city boasting stunning views of the Black Sea. Centrally located and serving as the administrative hub for the southern Romanian coastline, Mangalia offers easy access to key transportation links, including Mihail Kogalniceanu International Airport just 69 km away, and the bustling city of Constan?a a mere 44 km distant. Plus, with direct access to the A4 and A2 highways, Mangalia is seamlessly connected to major cities like Bucharest, a mere 2 hours and 55 minutes away.

This remarkable property is situated in the prime hotel district, right along the scenic seaside promenade, adjacent to the prestigious Paradiso Hotel, the esteemed Balneary Sanatorium with a unique combination of thermal, mineral-sulfurous water from the underground spring, Techirghiol mud and sea water, the historic Callatis archaeological site, and the bustling tourist port.

Property consists of:

- A sprawling 7300 sqm plot of land, meticulously landscaped with charming pathways, lush lawns, and verdant green spaces, creating an inviting oasis in the heart of the city. Centrally located land, on the seafront, with an underground spring with a thermal and mineral-sulphurous waters.

- Renovated and modernized building spanning four floors, including a basement, ground floor, and two/three upper levels, encompassing a generous 2550 sqm of space. Originally established as a hospital, this versatile building boasts an array of spacious rooms, expansive corridors, and graceful staircases. Elevating convenience and accessibility, a luxurious Schindler elevator effortlessly connects each floor. Additionally, the building features state-of-the-art gas central heating, advanced heating and air conditioning systems, comprehensive fire prevention installations, and full regulatory compliance.

With its unparalleled location and exceptional amenities, this property presents a truly unparalleled investment opportunity for discerning investors. Whether envisioned as a cutting-edge hospital and medical clinic catering to the needs of Mangalia and its surrounding resorts, an upscale boutique hotel, an exclusive residence for discerning seniors, or a rejuvenating wellness retreat, the possibilities are limitless.

The owner is waiting to provide more details and facilitate the transaction.