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Yareal’s clients prefer large 5- and 4-bedroom apartments
The ongoing pandemic seems to have had an influence on consumers’ purchasing decisions when it comes to housing and real estate
It appears that customers are frequently choosing large- and medium-sized apartments in green housing estates that provide them with access to attractive common areas and other amenities. 4- and 5-bedroom apartments seem most appealing. The rising popularity of Yareal’s apartments confirms that the lockdown, as well as remote working and learning, have led to customers taking a growing interest in large apartments that offer additional rooms.
Almost all 5- and 4-bedroom apartments in Dolina Mokotów Residence, located at the foot of the Warsaw escarpment at Bergamotki Street, have already found buyers. A similar trend is clearly visible in other high-end investments. Rapidly growing interest in large flats is indicative of certain customers making the decision to switch apartments and move to something that better suits both working and learning from home. This seems to particularly apply to housing investments that will be ready to move in to in the short term. Three cozy, two-story apartment buildings built by Yareal in Warsaw’s Lower Mokotów district have already been sold in approx. 70%. Since 4-room apartments are currently in great demand, the only positions left on offer are either large apartments exceeding 100 sq. m. or smaller 2-bedroom apartments.
“The pandemic is reshaping today’s housing needs. A few months prior to being complete, we have started to notice that Dolina Mokotów Residence is attracting the attention of customers looking for apartments that would suit both their private and professional needs. Some of the project’s apartments were designed with multi-generation families in mind, providing the possibility of arranging an independent, additional entrance that could lead to a separate part of a flat, a solution which could be intended for e.g. a senior. Today, we can see that these apartments are most popular among customers who plan to use the additional area to create a more comfortable home. Such layouts give the possibility of almost completely separating an apartment’s working area from its residential section” – says Jacek Zengteler, Yareal General Manager.
This small complex is being built in Warsaw’s Protected Landscape Area, next to a recently-opened park spanning several hectares. Sustainable and low-rise buildings with a maximum of 3 – 4 apartments per floor helped ensure that Dolina Mokotów Residence was awarded a BREEAM green building certificate. Thanks to the various solutions adopted at this investment, it has become yet another project to receive the highest possible BREEAM rating – Very Good. This is the highest rating in Poland so far and has been achieved by only a handful of residential projects. What’s more, each Dolina Mokotów Residence apartment owner will receive a standard smart home package by leading smart home solutions provider Fibaro. Such smart home systems provide residents with improved remote home security and functionality, as they can check on their apartment and control whatever appliances they may have via their smartphone or tablet.
Dolina Mokotów Residence will be ready to receive it first tenants in the second quarter of this year. Currently, the project is in a closed shell state. Work on its facades, plasters, floors and common areas are in their final stages. Construction of an entirely new street along the Residence, which separates the neighboring residential investment on the other side, is also close to completion. Moreover, Yareal is designing a section of the street next to Żółta Karczma which, upon completion, will provide a direct connection to Aleje Wilanowskie, significantly improving residents’ access to Warsaw’s city center.
For more information on Dolina Mokotów Residence, please visit: https://www.yareal.pl/dolina-mokotow.
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The entire investment, including the buildings, the usable space around them and the surroundings, has been designed to provide the residents with maximum comfort of use.
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Yareal Polska is a long-established, quality-leading real estate development company specialising in the high-end residential and apartment segment. The company has a strong capital position
and strong shareholder support. Since 2005, we have been actively involved in the Polish Association of Developer Companies PZFD. As a member of the PZFD, we adhere to a code of good practice. We are committed to maintaining the highest quality standards.
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ESG is one of the key terms for real estate developer projects which directly impacts the management and corporate responsibility of the business.
Sustainable development has been one of the foundations of Yareal's growth from the very beginning. We are aware of the great responsibility arising from new projects and functions which define the conditions and comfort of living in the city for decades to come.
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