Ghelamco launches Foksal 13/15 luxury residential project in Warsaw

Image: Ghelamco

Developer Ghelamco has officially launched apartment sales in its Foksal 13/15 luxury residential project in downtown Warsaw, which will comprise a total of 55 units in two revitalized historic buildings dating back to the late 19th century. The homes will range in size from 47 sqm to 260 sqm, and are to be made available to their future buyers in mid-2019. Ghelamco first announced the project more than ten years ago, yet as Jeroen van der Toolen, managing director CEE at the company, explained, the pre-construction phase of the investment proved to be particularly time-consuming and the developer had to clear numerous administrative hurdles before it could be granted the final go-ahead. Ghelamco does not reveal the average prices in the scheme claiming that those will be negotiated with the buyers on an individual basis, but according to Adam Skóra, residential market manager at the company, Foksal 13/15 will definitely offer some of the most exclusive and most expensive apartments in the Polish capital. Skóra said that Ghelamco, which in Poland is mostly known for its office projects, wants to strengthen its position in the premium residential property market in the country in the coming years.

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