The Rex Hotel in Mamaia, a historic monument inaugurated in 1936 by King Carol II, is being put up for public auction by bailiff Constantin Adrian Stoica. The starting price for the emblematic real estate asset, which includes the main building and the related parking lot, has been set at €10 million, excluding VAT. The auction is scheduled for December 18, 2025, at 11:00 a.m. in Constanța.
The package put up for sale includes the Rex hotel complex and a 7,426 square meter plot of land, according to cadastral measurements (7,000 square meters in the deeds). The main building has six levels (ground floor, reception floor and four storeys) and a floor area of 4,776 sq.m., plus two outbuildings for storage. Separately, the hotel’s 2,345 sqm parking lot is also up for auction. The total starting price is 50,871,000 lei, broken down into 47,818,740 lei for the hotel and 3,052,260 lei for the parking lot, equivalent to about 10 million EUR.
Inaugurated on August 15, 1936, Hotel Rex was considered the most luxurious hotel in the Balkans during the interwar period and quickly became a meeting point for Romania’s political, diplomatic and social elite. Under royal patronage, the art deco building hosted informal government meetings and was a landmark of the resort. After 1944, it served as a residence for Red Army commanders until 1958, after which it was transformed by the communist regime into the “1 Mai” rest home and renamed the “International” in the late 60s.
The hotel was privatized after 1989, but was taken off the tourist circuit in 2011. The property went through a rehabilitation process in 2021.