The complex includes the hotel, restaurant and pool and the deal also includes a 1,225-square-meter land.
Grand Plaza Hotel had a turnover of RON61.5 million in 2019, the most recent data available, and a net profit of RON7.9 million.
Onix Residence is part of a group owned by Mohammad and Hassan Murad, and owns several other hotels in Romanian seaside resorts. Onix Residence had a turnover of RON42.6 million and a RON2 million profit in 2019.