Foksal 13/15 with a sales increase of 140% y/y

Foksal tenement houses achieved one of the best results among all luxury investments in Warsaw.

"This year, in the Foksal 13/15 investment, we recorded an increase in sales by 140 percent compared to the previous year's result. The most popular were larger apartments, with an average area of ​​130 sqm. We still have a few apartments from 79-226 sqm on offer. They will satisfy both those looking for a comfortable one-bedroom apartment and a luxurious space on the top floor with panoramic windows from which you can admire the view of the center of Warsaw," Piotr Łukasik, director of the Residential department at Ghelamco Poland, said.

Luxury apartments are constantly very popular because they are the least susceptible to fluctuations in the real estate market in terms of prices and demand.

"These are goods whose supply is always limited. They represent only 1 percent of the real estate offer available on the six largest markets in Poland. In the case of premium real estate, only a few projects can be classified as luxury. The supply of this type of project is very small because requires the involvement of above-average resources and huge investor experience, which is why so few investments of this class as Foksal go to the market," Piotr Łukasik added.

(WBJ)