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World’s most expensive apartment about to be sold for £140m

Homes

The most expensive apartment in the world is on the verge of being sold – for an eye-popping £140 million.

The property, which is part of a development designed and managed by British business brothers Christian and Nick Candy, is in Knightsbridge – one of the most upmarket areas of London.

At a cost of more than £6,000 per square foot, the two-floor apartment is within walking distance of luxury department stores Harrods and Harvey Nichols.

It also has a tunnel connecting to the neighbouring Mandarin Oriental Hotel – where UK top chef Heston Blumenthal is soon to open a restaurant.

The four-bedroom apartment has floor-to-ceiling windows, its own car park and access to all the leisure facilities that a discerning buyer would expect, such as health spas and squash courts.

For those who still have big money to burn, McLaren is opening a flagship showroom at the development with prices ranging from anything up to £230,000 for a supercar.

For the protection of those living in the complex, an abundance of security features are in place.

They include SAS-trained security guards, bullet-proof windows, an air purifier to combat poison gas attacks and a “panic room”, in which the owner can hide if under attack.

Experts said many foreign buyers have moved into the British property market because it represents good value, compared with other countries, due to the fall of the pound.

Even so, £140 million is enough to raise anyone’s eyebrows.

The nationality of the buyer is not known, however there is mention of a Russian oligarch or an Arab billionaire.

While most of the block has been sold, 35 per cent of properties are still waiting for new owners.

The former office block site was bought in 2004 for £150 million.

Lana Galea View Comments

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