Sotheby’s sells historic buildings in Bucharest

The real estate consultancy company Romania Sotheby’s International Realty has listed for sale a portfolio of historic and luxury properties in the most exclusive areas of Bucharest. The prices of these heritage residences, which include villas, a palace, and a castle, start at EUR 1.5 million and reach up to EUR 6.5 million, reflecting the outstanding architectural and historical value of the real estate assets.

The most expensive property in the portfolio is a Neo-Romanian villa in Dorobanți Capitale, equipped with an indoor pool and a private garden, valued at EUR 6.5 million. In the Icoanei area, on Logofăt Luca Stroici Street, the Caton Simon House (built in 1908) is available at a price of EUR 3.2 million, a property whose rehabilitation project was awarded at the National Architecture Biennale in 2012. Additionally, a historic Neo-Romanian style residence from 1914, designed by Victor Ștefănescu for Victor Ionescu, Romania’s first ambassador to Portugal, is up for sale for EUR 2.9 million.

In the approximately EUR 2 million segment, the portfolio includes the historic residence of engineer Gheorghe Popovici on Părintele Galeriu Street, a 19th-century castle designed by former chief architect Giulio Magni, listed at EUR 1.99 million according to Economica.net. At the same time, a French-style bourgeois palace from 1890, located opposite the Princely Court (Curtea Domnească) and suitable for conversion into a boutique hotel or a mixed-use project, is priced at EUR 1.95 million. The most affordable property in the portfolio is an interwar villa from 1927 located in Cotroceni, featuring a 350 sqm yard, offered at the price of EUR 1.5 million.

Frequently Asked Questions

What types of historic properties are available in Sotheby’s Bucharest portfolio?

The portfolio includes luxury heritage properties such as Neo-Romanian villas, a 19th-century castle, a French-style bourgeois palace, and interwar residences.

What is the price range for these heritage properties?

Prices for these exclusive properties start at EUR 1.5 million and go up to EUR 6.5 million, depending on their architectural and historical value.

Where are these historic properties located in Bucharest?

The properties are located in Bucharest’s most exclusive areas, including Dorobanți Capitale, Icoanei, Cotroceni, and near the Princely Court.