One of the most affluent and revered parts of London, One Hyde Park, has now officially become England’s most expensive property, as one of the penthouses in this extremely luxurious an illustrious part of town has been sold to buyer for a whopping $216 million, providing a clear hint that, the housing structure in England especially the luxury segment is now getting back on track. Being sold off at $9,602 per square foot, One Hyde Park flats are now a symbol of high status and an extremely fat bank account of the owners. The entire luxurious marvel of architecture, was designed by Lord Rogers and development of these gorgeous penthouses was undertaken by Nicholas Candy and Christian Candy, where in this remarkable combination of design and construction has now made One Hyde Park, the world’s costliest residential property.
The official opening of One Hyde Park, was marked by a phenomenal party, that became a one stop venue for the “who’s who!” from all walks of the celebrity world, including Bernie Ecclestone, Andrew Lloyd Webber, ‘Dragon’ James Caan and BBC sports presenter Gary Lineker, along with a long list of Eastern European oligarchs, Middle Eastern sheiks as well as entrepreneurs from mainland China. The entire fiesta was organized at the Mandarin Oriental Hotel, which is just a stone’s throw away from One Hyde Park penthouses and the entire event was marked by the presence of more than 350 distinguished guests. Due to the exclusivity of One Hyde Park and the incredible owner list for the flats, the entire complex has been turned into a playground of hi-tech security with iris-recognition system, panic rooms and bullet-proof glass. The developers of One Hyde Park have spared no expense in making this 86 flats residential complex one of the most desired and luxurious housing properties in the world, as these flats comes with a private cinema, a 21 meter swimming pool, saunas, a gym, a golf simulator, a wine cellar, a valet service, concierge and room service from the Mandarin Oriental.
As per the developers of One Hyde Park, sixty percent flats in this phenomenal complex have already been sold and the most inexpensive house in One Hyde Park inventory is said to be available for a staggering $10.80 million and will be an one-bedroom flat, while most of the other flats in the building are expected to be sold for a price tag hovering between $43.21 million and $52.81 million. With such luxurious and an immaculate address to go with them, the service charge for One Hyde Park flats has been fixed at $240 per meter per year, that easily cost a house owner in this luxurious and elegant complex about $160 040 in service charges each year.
Via Daily Mail