Dubai construction firm completes $10m ski village homes in Poland

The Ski Village project has been developed by Dubai-headquartered Merint Group

Dubai-based Merint Group has completed the Ski Village homes in Poland's Wisla town.
Dubai-based Merint Group has completed the Ski Village homes in Poland's Wisla town.

A UAE-based company has completed its work on the $10m (AED36.7m) Ski Village project in Wisla, Poland. Dubai-headquartered Merint with partner Saint-Gobain worked on the 28-unit project that is now ready for occupation.

Merint Ski Village is located close to a ski slope and comprises three buildings that are fitted with fingerprint- and sensor-based elevators that directly open into each of the 28 apartments.

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Located 150km from Krakow, Poland’s second-largest city, the project sits alongside the Vistula River and offers views of the Barania Mountains.

The project was overseen by Merint sp Zoo, the property development arm of Merint Group, which the glass company is a part of. Fazal Manekia, founder and chief executive officer of Merint, said the growth of Poland’s skiing sector and investment landscape contribute to the project’s feasibility.

In a statement, he added: “With low taxes, an open economy, a healthy business environment, a relatively simple residency program, and an undervalued real estate market, Poland is a fantastic option for anyone thinking of investing in Europe.

“Putting aside any potential undervaluation, Poland has some of the best rental yields in Europe and you’ll be hard-pressed to find a better return in this part of the world.

READ: Saint-Gobain breaks ground on 'Multi Comfort House' in Masdar City

“Shrewd investors from the region have already started to take note of this. Be it the growth in trade and the influx of traffic from the Middle East, the ties are closer,” Manekia added.

Merint’s project portfolio includes the 219 Boat Club residential project in Pune, India, which features 10 “super-luxury” apartments.

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