The Olăroiu family launches Wida Mamaia Residence

The Olăroiu family, through the company First Mamaia Residence SRL, owned by Antonio Daniel Olăroiu and Roxana Tanase, has finalized the transformation of the former Mamaia Hotel into a luxury residential complex called Wida Mamaia Residence.

The investment exceeded EUR 25 million and includes 95 accommodation units – from studios and 2-5 bedroom apartments to duplexes and penthouses – plus amenities such as a gourmet restaurant, sports facilities, children’s playground and direct access to the beach.

The project was coordinated by architect Daniel Ciocăzanu, on a plot of about 5.600 square meters. Asking prices start at around 3.500 EUR/sqm. Many of the apartments have already been sold. Another 30 will operate as aparthotels, an increasingly popular formula in luxury tourism.