Get the Latest News Update Here

London Smash $ 160 Million Apartment Property Record Prices

London

"We were lucky," laughed Nick Candy, as we discussed the "Winter Room" five-bedroom show apartment One Hyde Park in central London.

I suggested to Nick and his brother Christian times the work to their advantage when it comes to the timeline of this brand new hotel is built luxury complex of 86 units in Hyde Park and Knightsbridge.

Candy & Candy is the team that was behind the luxurious interiors contain all helicopters and chalets in this complex, the most ambitious and high profile to date, the brothers still only in their 30s.

Nick Candy admitted the timing was very good. It is rare that a large plot of land to open a stone's throw from Harvey Nichols and Harrods. Then, the developer of the project was able to receive £ 1 billion (1.6 billion dollars) loan from a German bank before the credit crisis.

Some of the super-rich fell in love with the property. The brothers told me all four penthouse apartments that were sold for 100 million cool pounds (160 million U.S. dollars), sold as there are more than 50% of all occasions. Nick Candy said some investors bought more than one dish as a long term investment. So it is possible to rent here.

A statement said the news of more than 50% of the apartments were sold, with total sales of one billion pounds of change. " Therefore, this loan is covered.

Not that everything went well. Candys said that the number of suppliers goes to the government during the worst recession it had to seek new suppliers of products such as marble floors and bathrooms.

For the architect, Richard Rogers challenge was the location. Every site has constraints or unique aspects and in this case, he said he was designing the apartments enjoy the busy, noisy but before the back of the complex with quiet overlooking Hyde Park. On special occasions, they decided to put rooms on the front, then you're likely to be there during the day and living space at the rear, where it is very quiet.

Candy brothers said the super-rich want for anything here beyond the luxury apartments is not an ordinary cinema, swimming pool, gym (no surprise). Also there are 60 full-time employees to share with the door of the Mandarin Oriental Hotel next to do everything from providing food for the hotel if you want to wash the car (there are two car lifts to the underground garage and a tunnel connecting the personal use the hotel.)

If you are interested, one-bedroom apartments from £ 6 million. But the press release said the development has the world record for the price reached by clicking on sale at least a "more than 6.000 pounds per square foot."

Although I spent only two hours, it is clear that security is a big part of the charm. No need to leave the complex, although it is the heart of London's something I've never seen before. It contains a huge perspex walls went to Knightsbridge, where owners can enjoy the garden without having to worry about any danger.

After all, development is partly controlled by the Prime Minister of Qatar.