The very mention of basement flats used to convey vibes of a dark, dank and malodorous coal-hole but the news about £16 million Basement Flat in Knightsbridge has upgraded its image. Two flats on the floor and “lower-ground” floors of period residence blocks in SW1 are inviting prospective dwellers with a sale price of £9 million for St James’s three-bed room flat and £16 million (£15.95 million) for a four-bed in Knightsbridge. Out of the two entrances, the communal one is guarded by a janitor whilst the other one is to maintain the privacy of Sir and Madam. Besides having a reception room on the ground floor, the Knightsbridge maisonette features a master bedroom on the first floor.

Located on Hans Place, the property spread over 4,200 sq ft was once a home to Jane Austen and Shelley and is very close to worldwide punter i.e. Harrods. The estate features innovative paneling and tailored handmade furnishings. The attention-grabbing rooms are the drawing room and adjacent kitchen/dining room, massive and well-ventilated, with towering ceilings. The walls are clad with artwork valued at £100,000 and cabinets are adorned with elegant hand-embroidered silk panels accommodating audiovisual apparatus.

Via TimesOnline

Whilst two months back, we informed you about One Hyde Park, the new luxury apartment building being constructed in London’s Knightsbridge neighborhood worth $200 million for exclusive apartments. And today one of the four elite penthouse apartments bagged its deserving price. No one is aware of the nature of businesses run by filthy rich that helps them accumulate such huge bank balances but for sure they have well-matched interests that does justice to their floating wealth.

Touted as the world’s most expensive apartment, it got sold for $200 million and the shock of the life is till now it’s under construction and is expected to be completed by 2010. The creditable factor leading to the surge in the quick sales of these apartments is their fancy facilities and insane middle setting. If you don’t know then the property is developed by Candy & Candy and is owned by Sheikh Hamad, Foreign Minister of the Gulf State of Qatar.

The estate features communal spas, wine-tasting facilities, wooden baths, marble surfaces and floor-to-ceiling fridges. They say each of the four penthouses would have security arrangements like bulletproof glass, panic rooms and access to an underground passage leading to a nearby hotel.

Via WallStreetFighter