{"id":120478,"date":"2018-12-03T00:00:00","date_gmt":"2018-12-02T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/brd-auctions-hotel-cautis-in-azuga-again-dropping-price-to-e1-15-million\/"},"modified":"2026-03-28T09:06:23","modified_gmt":"2026-03-28T07:06:23","slug":"brd-auctions-hotel-cautis-in-azuga-again-dropping-price-to-e1-15-million","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/brd-auctions-hotel-cautis-in-azuga-again-dropping-price-to-e1-15-million\/","title":{"rendered":"BRD auctions Hotel Cautis in Azuga again, dropping price to \u20ac1.15 million"},"content":{"rendered":"<div>BRD is once again forcing the sale through auction of one of the largest hotels in Azuga, Cautis, rated 4 stars, in order to recover part of the loan granted to the operating company, which has since entered insolvency. The bank is now granting a drastic reduction in the starting price compared to previous sale attempts, from \u20ac2.7 million to \u20ac1.15 million.<\/div>\n<div><\/div>\n<div>This time as well, the hotel is being put up for sale through the judicial liquidator.<\/div>\n<div><\/div>\n<div>The hotel operator entered insolvency in 2016 with total debts of 12.3 million RON, of which 11.2 million RON represents a loan contracted from BRD. Subsequently, in February of this year, it entered bankruptcy.<\/div>\n<div><\/div>\n<div>Hotel Cautis in Azuga had suspended its operations in the spring of 2015 but maintained its 4-star classification. The unit has 35 rooms and suites and is built on a 1,316 sqm plot of land, with a ground footprint of 703 sqm.<\/div>\n<p>Source: <a href=\"http:\/\/www.profit.ro\" data-wplink-url-error=\"true\">Profit<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>Why is Hotel Cautis being auctioned?<\/strong><\/p>\n<p>The hotel is being auctioned by BRD to recover a debt of approximately 11.2 million RON from the operator, which is currently in bankruptcy.<\/p>\n<p><strong>What is the current starting price for the hotel?<\/strong><\/p>\n<p>The starting price has been reduced to \u20ac1.15 million, down significantly from the previous attempt of \u20ac2.7 million.<\/p>\n<p><strong>What are the main features of Hotel Cautis?<\/strong><\/p>\n<p>It is a 4-star hotel in Azuga with 35 rooms and suites, situated on a 1,316 sqm plot with a 703 sqm footprint.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BRD is once again forcing the sale through auction of one of the largest hotels in Azuga, Cautis, rated 4 stars, in order to recover part of the loan granted to the operating company, which has since entered insolvency. The bank is now granting a drastic reduction in the starting price compared to previous sale&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2853],"tags":[],"thb-sponsors":[],"class_list":["post-120478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/investitii-3.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=120478"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67489"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120478"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}