London is one of the world’s most important international hubs and the luxury real estate market here has been booming for the last years without worry of the financial crisis. This article will take you into the heart of the Most Expensive Apartment In London.
Let’s get into it!
One apartment in the One Hyde Park sold to Ukrainian billionaire Rinat Akhmetov for $221 million in 2010 holds the title of The Most Expensive Apartment In London.
With a price tag of over $11,000 per square foot this exclusive apartment building is home of the most influential people in the world, the ones that can afford to spend this type of money.
But what makes this piece of real estate so expensive? Let’s take a look:
One Hyde Park is located in Knightsbridge, adjacent to Hyde Park and the Mandarin Oriental hotel.
Story & Who’s Buying:
The entire complex was developed through a joint venture between Sheikh Hamad Bin Jassim Bin Jaber Al Thani – The Prime Minister of Qatar and Candy&Candy – High end real estate developers.
Rinat Akhmetov – The wealthiest man in Ukraine- paid in 2010 $216 million for a penthouse in the complex making it at that time the most expensive apartment ever sold.
Being such a high profile residence it attracted the eyes and the money of some of the wealthiest people around the world and as always discretion is the name of the game.
Exterior:
The apartments vary between One bedroom Duplexes & Five bedroom apartments.
Interior:
The entire complex has 86 apartments and despite the fact that most of them are sold, few are being occupied by their owners.
The most expensive pieces are the 5 bedroom apartments covering for over 9,000 square feet. They take up the entire floor and are organized on 2 different wings.
The building comes with: a stainless steel ozone pool, entertainment suite, gold simulators & SPAs – all covered by the staff at Mandarin Oriental Hotel.
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