Warsaw's 52-storey Condo Tower Dubbed as Europe's 'Best Residential Development'

Posted by Staff Reporter (media@realtytoday.com) on Feb 01, 2016 07:43 PM EST
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Labour Shortage As Polish Workers Leave For Jobs IN EUmore big
WARSAW, POLAND - SEPTEMBER 29: Church steeples poke through the skyline of the district of Praga where many of Warsaw's poor residents live September 29, 2006 in Warsaw, Poland. Recent reports have suggested a current labor shortage in Poland in such areas as construction, with many workers leaving the country for more lucrative work in the European Union. (Photo : Chris Jackson/Getty Images)

A new apartment in Poland is currently dubbed as the best development in Europe boasting 52-storeys and 287 apartments where residents can move before the end of the year.

The completion of this apartment block in Warsaw will be done in several months with a price range from £242,000 to £1.9m depending if it is a one, two or three bedroom flat. It also has luxury penthouses which are expected to sell for £7 million.

The dimensions of the flats range in size from 660 sq. ft. up to 10,000 sq. ft. for the penthouse.

"The concept and design first came to mind as I was reflecting on the city, which has been resurrected after ages of destruction and oppression," Architect Daniel Libeskind said according to Pulse.ng.

The property features a 25 meter swimming pool, a Jacuzzi and a gym, a private cinema that is equipped with a golf simulator, business conference, and children's playroom.

On the ground floor of the tower is a large temperature controlled wine storage which is perfect for wine connoisseurs. There is also a concierge and parking facilities on the site.

Each unit has a floor-to-ceiling glazing in the living areas. It also utilizes the latest technology which allows the owners to control some features of the home through tablets and smart phones.

The tower is called Zlotta 44 and was recently awarded as Europe's "Best Residential Development" at the International Property Awards held in London back in December 2015.

"Warsaw offers spectacular value compared to similar top luxury residences in other markets such as London, Paris or Berlin that now command an excessive price premium," said Michal Skotnicki of polish developer BBI Development, told Mail Online.

Meanwhile, overseas property and finance expert Simon Conn said that Poland is a business market and an area for expats to buy a retirement home.

Warsaw, the capital of Poland was ranked as the most livable city in the world by the Economic Intelligent Unit in 2012.

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