The property in Bucharest is located in Sector 1, consists of a multifunctional building and land, and will be open for bidding as of December 9, 2025. The starting price is set at EUR980,000.
“We expect the Bucharest asset to attract significant interest from investors because it can be easily converted into a medical clinic, office space, or residential units. The Târgoviște property can also be repurposed into a commercial space with minimal investment, so we anticipate a dynamic auction session there as well. Our transaction history shows that medium-sized and small cities in Romania attract tens of millions of euros in investments annually, and real estate assets consisting of buildings and land remain the most sought-after,” stated Flavius Draghici, COO of azitis.com.
The former CEC Bank branch in Targoviște has 76 square meters of built area and 22.74 square meters of land. It will be auctioned on December 9, 2025, at a starting price of EUR26,700. The bank is also selling a property in Vaslui during the same auction session, with a starting price of EUR21,750.
The Azitis.com auction platform sold over EUR27 million worth of distressed assets in the first ten months of 2025, of which more than EUR25 million were real estate assets. The most expensive fixed asset sold was an almost 80,000-square-meter plot of land with buildings in Sibiu, suitable for real estate development. It was purchased by an investor for EUR7.84 million plus VAT.
Currently, Azitis.com lists over 400 assets across 11 categories: land, buildings, transportation, machinery, inventory, waste, furniture, equipment, office supplies, turnkey businesses, and others. The total value of these assets now exceeds EUR70 million.