Royal Palace, Bucharest I

Reasons to invest in the project Royal Palace, Bucharest I:

• Attractive Returns: 9.25 – 10.5% p.a., paid monthly;
• Fixed Capital Gains: 1.5% p.a., paid at maturity;
• First tranche Loan-to-Value (LTV) Ratio: 19% (max. 38%) with a collateral value of EUR 13,144,895;
• Expected Monthly Rental Income: up to EUR 70,000;
• Investment Security: first-rank mortgage on project assets;
• The project owner undertakes the risk of currency exchange, as all transactions will be carried out in EUR.

The InRento team presents a new buy-to-let project – Royal Palace, Bucharest I, located in the heart of the Romanian capital, adjacent to the Romanian Athenaeum, one of Romania’s most important cultural landmarks.

The project area consistently commands some of the highest real estate values in Romania, supported by strong demand from premium residential, luxury retail, and hospitality occupiers, and reinforced by the presence of landmark hotels and key administrative buildings.

The independent valuation of the property, conducted in June 2026, assessed the property value at EUR 13,144,895. The project owner has already committed EUR 9,248,000 of its own funds through advance payments, securing 14 units, and is undertaking the gradual acquisition of the remaining units. Project funds will be directed towards closing the remaining unit purchases and pre-sale agreements, followed by the conversion works required to reposition the building into a high-quality mixed-use asset.

The conversion covers premium retail and commercial space on the lower floors, exclusive residential apartments on the upper floors, and a rooftop restaurant. The project benefits from an existing permitting framework for the planned restoration with completion expected within 12 months, after which the property will generate recurring rental income from commercial and residential tenants, with a partial exit through partial residential unit sales.

The property is a landmark interwar building completed in 1930, comprising a basement, ground floor, five upper floors, and a mansard level, with a total usable area of approximately 1,690 sq. m. distributed across 30 individual units on a 369 sq. m. land plot. Located on the prestigious Episcopiei Street, in the heart of Bucharest's historic and prime central district, the asset benefits from exceptional connectivity, immediate proximity to key retail, hospitality, cultural, and office destinations, and strong long-term demand fundamentals. Its distinctive architectural character, heritage appeal, and prime location create a compelling value-add opportunity with significant repositioning and capital appreciation potential.

Project Owner – Selex Trading S.A., a Romanian company represented by Angelica Ciausu.

The company's core business is the rental and subletting of real estate assets, supported by an existing portfolio of income-generating properties. Current holdings include Crama Murfatlar, comprising land, buildings, annexes, equipment and the Murfatlar brand, as well as the Remiza asset located in the same area.

In addition to its real estate activity, the company owns a portfolio of traditional and highly recognised Romanian consumer brands, including Murfatlar, Unirea, Carpati and Snagov. This background gives the Project Owner a strong understanding of heritage, brand positioning and the commercial value of assets with historical identity, which is directly relevant to the repositioning of the project’s property into a premium mixed-use destination.

The project is secured by a first-rank mortgage on the project assets with a first stage loan-to-value (LTV) ratio of 19% (max. 38%). The project offers investors a fixed monthly interest of 9.25–10.5% p.a., along with fixed capital gains of 1.5% p.a., paid at maturity. This results in a total gross profitability ranging from 10.75% to 12% p.a.

The maximum duration of the project is 24 months.