Cabana Babele, the symbol of the Bucegi Mountains, is offered for sale for 1.6 bn. EUR 1.6 billion, the highest ever asking price for the property. The building has 1,764 square meters (1,764 sq m) of constructed area and does not include adjacent land.
Although in need of renovation, the building enjoys an exceptional location, a few meters from the Babele and Sphinx rock formations, major tourist attractions. Access is easy by cable car from Bușteni or on the Transbucegi road, ensuring a constant flow of visitors throughout the year.
The real estate agency brokering the sale recommends transforming the building into a hotel with restaurant, thus capitalizing on its strategic location in the heart of the Bucegi Massif.