Security and space

Kosakowo-based real-estate developer TS Invest, a subsidiary of the Luxembourgian TS Group, is currently concluding the first phase of its Tesoro Ivory Residences. By the end of the year tenants of the first six luxury residences will move into their new houses, built near the Seaside (Nadmorski) and Tri-city (Trójmiejski) Landscape Parks (Parki Krajobrazowe).

"The household has always been one of the strongest family values. Today, more than ever, we also need security and space so we can relax from the big city, and Ivory Residences would offer this," said Hanna Siek-Zagórska, president of the managing board of TS Invest.

Warsaw-based studio Pro-Idea drew up the design for the exclusive villas, influenced by classical 18th- and 19th-century residences of the Polish aristocracy. The project is the first of its kind in Poland. By 2010 the developer will deliver a total of 49 luxury-houses, each with a private garden.

"According to the design, every house will occupy at least 500 sqm, while the total size of the estate would be 0.5 ha," explained Hanna Siek- Zagórska. The total size of the residential complex is 37 ha, four hectares of which are occupied by an English-style courtyard. In addition, residents will enjoy a pleasant view of the Hel Peninsula and the Bay of Puck.

Construction started in April 2007, with the completion of the first stage scheduled for the end of this year.

"The residences in the upcoming three stages are also on sale. In the first stage a 500-sqm house built on a 0.5-ha plot cost around zł.10 million," said Jolanta Gałàzka, TS Invest's spokesperson, adding that "Poles constitute the majority of the first wave of tenants."