Romanian property holding Meta Estate Trust has purchased four villas within the Radisson Blu Grand Mountain Resort Brașov, currently under development, in a deal worth €1.52 million.
The company has already made a 40% down payment, with the remaining amount to be paid upon delivery. The financing structure for this acquisition combines equity with bank financing.
Developed by Grand Development, the project will be Romania's first 5-star mountain villa resort that will be delivered in early 2027.
The resort comprises 46 Scandinavian-style villas and 20 hotel rooms, complemented by a spa, indoor and outdoor pools, saunas, a conference room, and a panoramic restaurant.
Alexandru Bonea, CEO of Meta Estate Trust, said: "We believe this segment will become an essential pillar of the Romanian hotel market, and Meta Estate is well-positioned to directly benefit from this dynamic."
The acquired properties—a pair of two-bedroom houses and two duplex houses—are part of a year-round resort, anticipating an average occupancy rate of over 60%.
Meta Estate Trust has previously invested in Swissôtel, located in Poiana Brașov.
