Grand Plaza Hotel, owned by businessman Gabriel Popoviciu, has put Hotel Neptun in the Neptun resort up for sale for EUR 7 million, the same amount for which it was acquired in 2007.
One year after the transaction, Grand Plaza Hotel representatives announced investments for the 80-room hotel: over EUR 20 million in modernization and doubling the capacity. At that time, the sale of a minority stake in the company owning the hotel was also considered to secure financing.
Hotel Neptun was closed in 2008 and has not been reopened since.
Source: Profit
Frequently Asked Questions
Who is selling Hotel Neptun?
The hotel is being sold by Grand Plaza Hotel, a company owned by businessman Gabriel Popoviciu.
What is the asking price for the property?
The asking price is EUR 7 million, which is the same amount the owner paid for it in 2007.
Is Hotel Neptun currently operational?
No, the hotel has been closed since 2008 and has not undergone the previously planned modernizations.