Stimulating the senses

Sales of apartments in Magnus Group's latest luxury residential development in the heart of Warsaw began last week, with 41 units offered at prices of between zł.15,000 and zł.21,000 per sqm. The Szósty Zmysł (Sixth Sense) residential development comprises a single six-storey building located within a closed courtyard on ul. Piękna 28A, just off ul. Marszałkowska, one of the capital's main thoroughfares. Currently under construction, the development will be delivered to the market by the end of 2009.

The design of the building is based on sleek, contemporary architectural elements, along with high-quality building materials. The majority (25) of the apartments will be 95 sqm in area. There are another 11 apartments of 104 sqm in area and five apartments of 73 sqm. Each unit features a spacious terrace and the building's interior features a landscaped patio. Apartments will be delivered at developer's standard, which leaves fitting out the apartment to the discretion of the purchaser. The Szósty Zmysł development also offers an underground parking garage for 41 vehicles and elevator access.

"The investment caters to the most exacting of clients," explained Magnus Group board member Eliza Wachowiec. "Both the location and the architectural design makes it one of the most prestigious developments in Warsaw, located in the center but sheltered from the bustle and noise thanks to its location within the courtyard at ul. Piękna and ul. Marszałkowska," she added.

Magnus Group, a global investment group based on British, American and Israeli capital, has been active on the Polish market since 2007. It has completed three other luxury developments in the center of Warsaw and is currently developing the Cztery Pory Roku (Four Seasons) residential development in the district of Białołęka, which will comprise a total of 645 residential units of between 36 and 86 sqm. There are currently 145 units in the development, scheduled for delivery in Q2/Q3 2009.