In the heart of Barcelona, the most expensive flat in the city has been sold for more than 40 million euros. This luxury apartment for sale in Barcelona, with an impressive duplex of 650 square meters, is located on the 20th floor of a building annexed to Casa Seat, which formerly housed the old Deutsche Bank tower.
The developer has called it a “large attic” because it also includes the three lower floors immediately below (17, 18 and 19), which are also considered attics. Two of these three luxury penthouses for sale in Barcelona have already been sold. The transaction has broken two records: the most expensive penthouse in Spain and the one with the highest price per square meter (more than 61,000 euros/m²).
The privileges of luxury apartments for sale in Barcelona
The most expensive building in Barcelona offers a high level of security and first class 24-hour concierge services, guaranteeing the privacy and comfort of its owners. In addition, owners have privileged access to all Mandarin Oriental hotels worldwide. The group that participated in the construction of the luxury apartment building in Barcelona has not revealed the identity of the buyer of the “large penthouse”, but according to some sources, it would be an Asian investor.
Criticism from experts on luxury apartments for sale in Barcelona
However, the high price of this “large attic” has also generated criticism. Some experts have pointed out that the construction of luxury apartments for sale in Barcelona is not helping to solve the housing crisis in the city. Moreover, the fact that the buyer has not been revealed has generated speculation about the nature of the transaction and the impact it could have on the local real estate market.
Nevertheless, the transaction continues to be an example of the growing demand for luxury housing in Barcelona and the importance of the city as an investment destination in Europe. With the Spanish economy recovering, we are likely to see more similar investments in the future.
High-end apartments available in Barcelona, who manages them?
The KKH Property Investors group will invest 180 million euros in the project to build 34 luxury apartments at number 111 Passeig de Gràcia in Barcelona. These residences have common services, including meeting rooms, library, gymnasium, swimming pool and a garden terrace, which are managed by the Mandarin Oriental hotel group.
The Deutsche Bank Tower was acquired by a development in 2014 with the initial intention of converting it into a luxury hotel. However, the hotel moratorium imposed by the Barcelona City Council led to a change of direction in the project, focusing on luxury rooms for sale in Barcelona. The policy of Ada Colau, the city’s mayor, of prohibiting new hotels in the city center, forced the promotion to reconsider its original project.
The architect behind the luxury apartments for sale in Barcelona
The design of the building of luxury apartments in Barcelona was carried out by the Spanish architect Carlos Ferrater, winner of the national architecture award, while the interior was designed by the London studio Muza Lab with a contemporary style. All of the apartments in this high-value Barcelona apartment complex offer panoramic views of the city, with the smallest measuring 120 m². Of these, four are attics and are located on the 17th, 18th, 19th and 20th floors.
In conclusion, the sale of this 650-square-meter “grand penthouse” in the heart of Barcelona, for more than 40 million euros, has broken two records: the most expensive penthouse in Spain and the highest price per square meter. This luxurious apartment is an example of the growing demand for luxury housing in Barcelona and the importance of the city as an investment destination in Europe.
