21 Dec

Bulgari Penthouse in Knightsbridge sold for £100m

Bulgari Penthouse in Knightsbridge sold for £100m

Dec 21- (The Cloister)
One of the world's leading super-prime locations, Knightsbridge is the location for Bulgari's exclusive London Hotel and Resort Development.
It is reported that an undisclosed buyer paid about £100m for a duplex Penthouse in the new Luxury Bulgari Hotel and Resort Development in Knightsbridge.

London’s luxury home values have accelerated this year due to tension in the Middle East and economic turmoil in Greece, international investors seek a haven for their wealth in London's prime locations, such as Belgravia, Knightsbridge and Mayfair.

The luxury hotel in Knightsbridge will be the third hotel project for Bulgari Hotels & Resorts, following the opening of the Bulgari Hotel in Milan in 2004 and of the Bulgari Resort in Bali in 2006. Bulgari London promises to be a luxury affair, complete with private holistic spa, ballroom, private members club, meeting rooms, a 50-seat screening room, swimming pool and hydrotherapy steam rooms.
The 5-star Knightsbridge hotel will feature 85 rooms and two residential penthouses.

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