Even if I cannot afford an inch of the exclusive properties in the most coveted locations of Britain; I experience a million-pound kick to pursue the latest on the most expensive properties there. Just last month I mentioned about the most expensive flat in the world – One Hyde Park penthouse estimated at £100 million. But now its time to take the crown of this flat and place it on the flat in St James’s Square which is equidistant from 10 Downing Street and Buckingham Palace. With a price understood to exceed £115 million ($230 million), it is believed to be the most expensive home in the world to date. Though not much is yet divulged about this one, only the most basic building proposals have so far been submitted. There will be large solar panels on the roof, a car lift to take vehicles to the basement parking and cycle racks, to comply with regulations.
A source close to the deal for the flat at 8 St James’s Square, which has not yet been registered in public documents, said: “The price has been agreed. It is between £115m and £120m.” The identity of the purchaser has not been disclosed. Three of the other flats, which have been sold privately and not through estate agents, have also been “reserved” according to the source.