Knightsbridge Penthouse in Bulgari Development Sells for $157 Million
Posted by Alexandra Delgado
January 5th, 2012
An anonymous person tells news sources of a London penthouse that sold for 100 million pounds, which rings in at a stifling $157 million.
According to the source, the buyer made the purchase in April. When divided up, the buyer paid roughly 7,000 pounds per square foot of the unfurnished luxury apartment located in the Bulgari Hotel and Residences in Knightsbridge. An affluent London neighborhood, Knightsbridge hosts Harrods and Harvey Nichols as well as other luxury brand boutiques.
The Bulgari property, owned by Prime Knightsbridge Developments Ltd., is comprised of 85 hotel rooms and just 8 apartments.
Giles Hannah of Christie’s International Real Estate is handling the sale. “Having the Bulgari brand adds about thousand pounds a square foot,” he explained.
Another penthouse within the property is currently on the market for 69 million pounds. The property is set to complete consutrction and open this Spring.
SOURCE: Bloomberg.com
Posted by Alexandra Delgado
Subsequent to the Bulgari family selling their shares of French luxury group LVMH, sales dropped 3.5%. The family was
Posted by Alexandra Delgado
Six multi-million dollar residences will be made available in Bulgari’s upcoming luxury hotel according to Christie's International Real Estate.
The Bulgari
Posted by Alexandra Delgado
Brazilian supermodel, Gisele Bündchen, has something new to celebrate in her life—the beautiful model has reportedly sold her penthouse in
Posted by Alexandra Delgado
Bulgari is poised to do something that no other luxury goods group has yet attempted, let alone accomplished. The exquisite
Posted by Alexandra Delgado
Touted to be the most expensive flat in the world, a penthouse in one of London’s most opulent developments has