Fedlan Kılıçaslan, owner of FAF Global Company, acquired the 480 m² apartment from Rafał Zaorski, known as the "king of Polish speculators."
The exact price of the property was not disclosed, but it is known that Zaorski paid a record 23 million PLN (approximately 5.4 million EUR) for it in 2022.
Zaorski's plan to split ownership of the apartment into 20,000 shares, with each share sold for a minimum of 5,000 PLN (around 1,180 EUR), was met with controversy among other residents of the prestigious building.
This plan, which aimed to significantly increase the value of the property and make a profitable transaction, was quickly dubbed the "epic flip," but ultimately failed. Rumors about Elon Musk being interested in purchasing the property were also untrue.
Three months after the transaction, it was revealed that the apartment, which Zaorski listed for 38 million PLN (around 8.3 million EUR), was purchased by Fedlan Kılıçaslan, a Turkish entrepreneur born in 1981, specializing in outsourcing, new technologies, jewelry, and gambling.
Kılıçaslan has been involved in multiple allegations of illegal gambling activities and money laundering. His business activities have sparked controversy in the past.
Source: Forbes/Wyborcza.biz/Wprost/X/@Zlota44_oficial/@LDurlei/@ABNewswire
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