The film follows Charlie Countryman (LeBeouf) during the the day of, and subsequent days after, the death of his mother. Going through a crisis, Charlie has a vivid hallucination, which sets off a series of events that would change his life. The first of which is traveling to Bucharest. Yes, Bucharest, Romania. Not Budapest.
After a series of obscure events, and a few more hallucinations, Charlie finds himself drawn to Gabi (Wood), the daughter of a friend he met and then lost on the plane ride there. With no real drive or purpose, and with a few moments of coincidence, Charlie finds himself caught up in an intricate web of drug use, violence, and the underworld of Bucharest. The ecstasy sequence in the hostel is one of the better drug scenes in recent years.
With a well-written script, up to a point, the film holds tougher better than expected. LeBeouf, while not making much of a stretch character-wise, brings an authentic 'fish-out-of-water' vibe that allows him to not only be a hero fit to root for, but also the comic relief between the much darker scenes that make up the central storyline.
But, in the end, Charlie Countryman, is a love story. A classic boy-meets-girl, boy-loses-girl, boy-gets-girl-back, but with an invasively sinister, yet mildly charming back drop. Bucharest is certainly the third most important character, playing both as a paradise and a hell.
Overall, Bond did a more than complete job of building an atmosphere understandable to anyone, yet with seemingly accurate twinges of what one may actually find upon vacationing in the Romanian capital. But there's only one way to find out.
Just be sure not to not accidentally book a flight to Budapest.