Horwath HTL Values Nordis Brașov Project at Over €40 Million

Horwath HTL estimates that the hotel business resulting from the development of the 5-star Nordis Brașov project will have a value of over 40 million EUR upon the opening of operations in November 2023.

Nordis Group will soon begin the development of the 5-star Nordis Brașov project, which includes 158 hotel rooms and 43 residential apartments, all designed to a new standard of comfort and refinement.

The project also features the services and facilities of a 5-star hotel: a SPA, conference rooms, a children’s playground, a cinema room, a fitness center, an electric vehicle charging station, and a suspended infinity pool. At the time of the Horwath HTL evaluation, over 35% of the units in the Nordis Brașov complex had already been sold.

“We firmly believe that our new project located on Drumul Poienii, Nordis Brașov, will be a landmark for the most refined experiences in the mountain area. The results of the evaluation conducted by the prestigious company Horwath HTL serve as confirmation that Nordis Brașov has huge potential as a tourist destination and an investment method for those who want to secure their long-term income. We are confident that when the complex opens, it will generate a fabulous impact in terms of image and profitability,” stated Daniel Penciuc, Managing Partner of Nordis Brașov.

For investors, Nordis Brașov is a profitable long-term option. The unique model launched by Nordis on the Romanian real estate market offers clients the option to invest in a hotel room, which guarantees a yield of 7% per year and a fixed monthly rent, regardless of the season.

With over 100 years of activity, the tourism consultancy and valuation firm Horwath HTL has become a global leader in this segment. The company has 52 offices in 38 countries and has conducted over 30,000 evaluations for both public and private institutions. In Romania, Horwath HTL is represented by Fivestar Hospitality, with a cooperation agreement between the companies in place since 2009.

Nordis Group represents a group of companies with 100% Romanian capital, specialized in the development of premium buildings and complexes. The group consists of 7 entities: Nordis Development, Nordis Architecture, Nordis Construct, Nobileo (a member of Nordis Group), Nordis Hotels, Nordis Travel, and Nordis Property Management.

Frequently Asked Questions

What is the estimated value of the Nordis Brașov project?

Horwath HTL estimates the project’s value at over 40 million EUR upon its opening in November 2023.

What investment benefits does Nordis Brașov offer?

Investors can benefit from a guaranteed annual yield of 7% and a fixed monthly rent throughout the year, regardless of the season.

What luxury facilities are included in the development?

The 5-star complex features a suspended infinity pool, SPA, cinema room, fitness center, and electric vehicle charging stations.