Evolvia Capital opens Boutique Hotel in the Historic Center of Bucharest

Evolvia Capital investment fund buys an emblematic house near the Historic Center of Bucharest, on Cavafii Vechi Street, for EUR 4 million, in which it will open a boutique hotel.

Built in 1891, the building is a merchant house with a surface area of ​​approximately 1,970 square meters and over 30 rooms.

“This investment reflects our strategy of identifying assets with historical value and urban regeneration potential in premium areas. We aim to bring this property back to contemporary standards, while preserving its architectural identity and cultural relevance for Bucharest,” said Ery Pervulescu, CEO and shareholder of Evolvia Capital.

Source: economica.net