Luxury Outlook 2022
An ambitious exploration into high-end residential markets across the globe.
Single Family Homes
This historical villa, with a generous surface, was built at the end of the 19th Century, the beginning of the 20th Century, during Bucharest’s period of modernization. Listed as a Class B historical monument, it stands out through its facade with multiple decorative elements. The building is displayed on a ground floor, two floors and an attic and has a large built area, of 2,500 sqm, and a living area of 2,000 sqm. The wide construction, with 30 rooms, and the downtown position, on a quiet street, create the perfect premises of an investment with a hotel destination. Currently, the building is being consolidated on the basis of a building permit with this function. The recently started project aims the following works: structure consolidation, facade painting, roof restoration, waterproof foundation, installation restoration, interior plastering. It will be delivered with the interior in "grey" stage. After nationalization, the building became Romania Film headquarters, hosting after 1990 many cultural events. Since 2006, it has passed into private ownership. The eclectic architecture of the building is typical for the Belle Époque period, when Romanian elites were inspired by the rules and fashion of Paris. Ulysse de Marsilla, a French journalist established in Bucharest in 1852, wrote: “Enter a salon and you will already be in Paris. The most elegant furniture, the most modern and refined costumes, conversations chosen in the language of our most distinguished circles, bright chandeliers, flowers that adorn consoles, songs that flow over the rosewood edges of pianos or that flow from the lips of girls..., nothing is missing from what constitutes civilization at its best. ”
Bucharest is the densely populated capital city of Romania situated on the banks of the Dambovita River.