Neuman House, one of the most important heritage properties in Arad, has been listed for sale on the Imobiliare.ro platform for EUR 2.4 million. The building, located at 6 Horia Street, near the Administrative Palace, represents a significant historical asset, being linked to the Neuman family, the founders of local industry and the UTA football club.
The building was constructed between 1925 and 1926 for the Neuman family, who were ennobled by Emperor Franz Joseph in 1884 with the title of Baron of Végvár for their merits in the industrial development of Austria-Hungary. The last resident of the property was Francisc Neuman, the grandson of Adolf Neuman and the founder of the ITA football team (later UTA Arad). During the communist period, the house was nationalized and transformed into a protocol villa for the Ceaușescu family. After 2000, the property was restituted to the legal heirs of Francisc Neuman.
The building’s architecture is monumental neoclassical, featuring a U-shaped structure and situated on a plot of approximately 2,000 sqm. The interior preserves well-maintained original elements, such as authentic stained glass, hand-carved solid wood elements, decorative stuccos, and period fireplaces. The current listing price of EUR 2.4 million marks an adjustment from 2019, when the property was previously listed for EUR 2.7 million. The building already benefits from a project for conversion into a boutique hotel unit, but it can also be utilized as a private residence, corporate headquarters, or a luxury SPA center.
Frequently Asked Questions
Who was the most famous resident of Neuman House?
The most notable resident was Francisc Neuman, the founder of the UTA Arad football club, and later the building served as a protocol villa for the Ceaușescu family.
What architectural style does the building feature?
The property is built in a monumental neoclassical style, featuring a U-shaped structure and original elements like stained glass and hand-carved wood.
What is the current asking price for the property?
The Neuman House is currently listed for sale at 2.4 million EUR, a decrease from its 2019 listing price of 2.7 million EUR.