THR Marea Neagră Reduces Price for Măgura Complex
THR Marea Neagră S.A. will organize a new public auction on April 9, 2026, for the sale of the Măgura Hotel Complex in the Eforie Sud resort, Constanța County. The decision comes after the first attempt to capitalize on the asset, held in December 2025, failed to attract any bidders, prompting the owner to reduce the starting price to stimulate investor interest.
The new starting price for the hotel complex is EUR 2.5 million (plus VAT), down from the EUR 2.65 million requested at the previous auction. This divestment is part of a series of auctions organized by THR Marea Neagră at the beginning of this year, which also targeted the Bran Brad Bega Tourist Complex in Eforie Nord (starting price EUR 8.118 million plus VAT) and the Siret Tourist Complex in Saturn. The unit in Saturn has already been awarded for EUR 3.5 million plus VAT, exceeding the initial starting price of EUR 2.7 million.
The company THR Marea Neagră was formed following a merger process completed in 2004, through which Eforie S.A. absorbed the companies Carmen Silva S.A., Miorița Estival S.A., Venus S.A., and Saturn S.A. The company provides tourism services in units classified at 2, 3, and 4 stars.
Frequently Asked Questions
When is the next auction for the Măgura Hotel Complex?
The public auction is scheduled to take place on April 9, 2026.
What is the new starting price for the Măgura Complex?
The new starting price is EUR 2.5 million plus VAT, a reduction from the previous price of EUR 2.65 million.
Which other assets has THR Marea Neagră recently auctioned?
The company also auctioned the Bran Brad Bega Complex and the Siret Complex, the latter of which was sold for EUR 3.5 million plus VAT.