Eastern Europe’s Priciest Properties

In Eastern Europe, where home prices are exploding, developers aren't simply transforming decades-old apartment buildings into luxurious condominiums. Here, taking advantage of the residential real estate boom means gutting a historic property turning it into swanky flats or trying to sell a castle to casino operators.

Bran Castle, Brasov, Romania
$140 million
Once home to 15th-century Romanian prince Vlad the Impaler, and the setting for Bram Stoker's novel "Dracula," this castle, built in 1212, sits on 20 acres of countryside with the main castle perched on a hillside. The estate is being sold by Baytree Capital on behalf of Archduke Dominic von Hapsburg, whose family regained ownership of the castle from the Romanian government in 2006.