EUR 80 million investment in Mamaia

Picture of CANDICE CANDICE from Pixabay

Businessman Emanuel Poştoacă, the founder of Nordis Group, has an ongoing investment in a real estate project in Mamaia resort that will include both a hotel with 730 rooms and 300 apartments that will be sold to investors, in order to later be rented by the hotel.

"The total investment will be 80 million EUR and is financed from own sources. We also have 300 holiday apartments, which will be integrated into the hotel, from cleaning, room service, spa, restaurants. It is a financial investment to buy this financial product, and the property is in the name of the client with a lease and a return of 7%. We sign a 10-year contract with the tenant ", said Emanuel Poştoacă.