The Mandarin penthouse will exceed 40 million

The higher the floor, the more expensive the square meter.

29 June 2022 Wednesday 01:02
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The Mandarin penthouse will exceed 40 million

The higher the floor, the more expensive the square meter. At the moment, the average is about 30,000 euros, but in one of the residences already sold, the square meter has been paid at almost 45,000 euros. For the 580-square-meter duplex penthouse atop the 20-story tower at Mandarin Residences, there's a waiting list. "We listen to offers from 40 million", maintains Josep Maria Farré, founder of KKH Property Investors, the company that has developed the most expensive luxury residential complex in Barcelona and the rest of the country on one of the corners of Paseo de Gracia with diagonal.

The project has involved an investment of 160 million that KKH hopes to more than recover with the sale of the 34 residences, four of them – on the 17th, 18th, 19th and 20th floors – penthouses. A fortnight are already sold and the company hopes to complete the sale before the end of the year.

“The prices are much higher than those on the market for the quality of the design, the materials and the execution and for the location, which is unique and unrepeatable”, adds Farré. Most of the floors have an unbeatable 360 ​​degree view over the city. From Tibidabo, following the entire line of the sea and up to Montjuïc and without any buildings around it.

On the 16th floor, the sample floor has just been enabled. "Until now we have sold everything off plan, but there are people who want to come." So much so, that "several hundred" of potential clients are waiting their turn, says Farré. Few flats repeat a structure: there are one, two and three-bedroom flats and they range between 120 and 500 m2 for an entire floor. The duplex penthouse adds 80m2 more and is the only floor that is not finished so that the future buyer can distribute it and finish it off at will.

On the sample floor, Tibidabo looms through the kitchen, one of the large windows in the dining room frames Paseo de Gracia and another the Sagrada Familia. From the balcony you can see the pool and the garden, located at the top of Casa Seat and connected to the building by a walkway. On the sixth floor, the Club Floor, all the common services for the future owners have been located, all managed by Mandarin Oriental. There are meeting rooms, a reading room, the gym with a view, the sauna and changing rooms.

"Living here will be the closest thing to living in a five-star hotel," explains Miriam Tirado, director of the residential complex, which will have a team of 25 people. The owners will have the maintenance service, security, 24-hour concierge and the Club Floor at their disposal, privileged access to all the Mandarin Orientals in the world and all kinds of à la carte services: to organize a dinner, a party, buy flowers , have a chef, receive the purchase or hire care for children and pets.

Work on the building, designed by the Spanish Carlos Ferrater, winner of the National Architecture Prize, ended a few months ago and the decoration has been carried out by the London studio Muza Lab. KKH bought the building in 2014 when they were still the offices of Deutsche Bank with the intention to convert it into a luxury hotel. However, with the change of municipal government, the Four Seasons ended up opening in Madrid and the promoters reformulated the project by dividing the building, which had an "L" shape, into two: the Casa Seat and the Mandarin Residences.



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