Full Description

Cold Mountain Resort, is a 110 million Euro luxury golf and spa resort complex located at the base of the Carpathian Mountains, in Romania’s most picturesque and popular tourist region, Transylvania. The resort, which is set in thirty hectares of landscaped grounds, is destined to become a world class resort facility offering exclusive accommodation and leisure facilities for international and Romanian tourists. The Resort is the vision of a large Norwegian based developer and has been modelled on the inns of Austria and Switzerland.

Once finished in March 2009 Cold Mountain will feature 1,200 apartments in a hotel environment, and an extensive array of amenities, including a health spa and pool complex, a fitness centre, tennis courts and the first 18 hole golf course in Transylvania. There will be also be a ski shuttle running throughout the winter that will transport guests to the slopes of Romania’s premier ski resorts within 20 minutes. For guests seeking rest and relaxation rather than the thrill of the piste, the resort offers a high class casino, a range of restaurants and a selection of boutique shops. And finally no visit to Romania, and particularly Transylvania, is complete without a trip to Bran Castle, the home of Dracula. This everpopular tourist attraction is a 20 minute drive from the Resort, meaning that the hotel is well positioned to profit from the waves of tourists that visit Romania’s most infamous visitor attraction.

More recently the area around the Resort has hit the headlines as many scenes from the Hollywood blockbuster Cold Mountain (2003), starring Jude Law, Nicole Kidman and Renee Zellweger were filmed locally. Romania’s currently suffers from an acute lack of modern high, quality hotel accommodation and as tourist numbers have increased over recent years visitors to the region are increasingly becoming used to paying top rates for substandard accommodation. Most of Transylvania’s hotel accommodation was constructed during the communist era and decades of chronic investment coupled with poor design mean that most of the area’s hotel stock still falls significantly short of international expectations. Many private landlords have taken advantage of this situation by renting out spare rooms and apartments to tourists. But while they tend to be cheaper than hotels, the quality tends to be mixed at best and they lack the facilities that most tourists now expect.

The idea behind Cold Mountain Resort is to capture market share from both of these sectors, by providing luxurious residential apartments, specifically designed for the shortterm let market, in a hotel environment with sufficient facilities to keep even the most demanding visitor content for days on end. These apartments will be rented out at a similar rate to hotel rooms, but will offer the guest so much more, whilst the quality of the accommodation, level of customer care and facilities will provide stiff competition for the private landlords. And with visitor numbers to the region set to sky rocket over the next few years, thanks to the burgeoning economy and a new international airport under construction in nearby Brasov, Cold Mountain Resort is well positioned to capitalise on this opportunity.

Naturally, you can also use your apartment personally, whenever you wish free of charge, as long as you provide sufficient advance notice to the resort management company. Having taken significant risk as the project was being planned, I am now in a position to offer one of the best units on the C block, for a terrific 1550 EUR / sqm. As you will see on the developer's website http://www.coldmountainresort.com/buyn.php , the developer is currently marketing units on the same block for 1750 EUR / sqm ! This is a unique opportunity to seize now for a price that will not be available for much longer.