by Property Forum | Hotel

Vision Apartments announced it signed the purchase agreement of the former Ramada Bucharest Majestic Hotel. The company didn't disclose the value of the transaction.

The property is located in the business centre of Bucharest on Calea Victoriei, with the famous old town starting just behind the property. The building features 111 rooms on five floors and offers a vast variety of additional facilities.

The historic hotel features 111 rooms and 450 sqm event space, consisting of 6 meeting rooms that can accommodate up to 300 guests. A gym, a spa area with a heated pool, a jacuzzi as well as a bar, a restaurant, and a business center are part of the unique property. The hotel was built in 1920 and is located in the heart of Bucharest on Calea Victoriei, representing an ideal accommodation for corporate travelers and tourists alike, offering immediate access to shops, restaurants, businesses, and much more. Major attractions nearby include the National Museum of Art.

Vision Apartments specializes in renting out stylish and furnished serviced apartments all around the world. Established in Switzerland in 1999, the company quickly grew from a start-up to Switzerland’s market leader with a global presence. Today, Vision Apartments offers tailored temporary living solutions in over 850 business locations worldwide.