News Article development hotel Nordis Group residential Romania
by Property Forum | Hotel

Nordis Group, a real estate developer specialized in the construction of luxury real estate, announces the launch of a new exclusive complex, consisting of a hotel and residential apartments, located in Brașov.

The construction of the 14,000 sqm complex will begin this spring and will be completed in 2023. The market value of this project is €31 million.

The Nordis Brașov 5-star ensemble will be developed on a plot of 13,000 sqm and will consist of five independent bodies, built with a low height regime. It will have 158 hotel rooms and 43 residential apartments, SPA, and an infinity pool. The price for the purchase of a hotel room in the complex starts from €83,000, and for a holiday apartment from €217,000.

“We have already obtained the building permit, and this spring we will start the works. Our major goal is to offer premium products and services, as we can find in other countries, benefits that Romanians expect at home. Moreover, we estimate that with the opening of the airport in Brasov, the number of foreign tourists will increase considerably, and this aspect will translate into an excellent occupancy rate for the hotel ", said Daniel Penciuc, Managing Partner of Nordis Brașov.

Nordis Group is a Romanian brand, a group of companies consisting of six entities, which operates in real estate development, hotel industry, construction, architecture, real estate consulting, real estate administration.