Włodarzewska to develop 'green' housing near Warsaw
16:26
Catalyst-listed real estate developer Włodarzewska will construct an ecological and energy-efficient housing scheme in Góra Kalwaria near Warsaw. Jerzy Szymański, the firm's CEO said at a press conference.
"The main assumption is that the houses would be cheap to buy and to maintain. Purchasing would need a small loan, which would be paid off with sales of energy produced by fotovoltanic panels located within the building site. That is why, plots of land are to be relatively large and encompass some 2,000 sqm," Szymański explained.
As many as 200 units are to be completed on a 50 ha land, in the second half of next year. Włodarzewska plans to build 1,500 houses in total. Construction costs for a turn key finished project will range between PLN 2,000 and PLN 2,600 per sqm.