An opulent mansion situated in one of the world’s most exclusive neighborhoods might be seen as an indulgence for only the super rich however for the international real estate developer Nick Candy it can often be a long-term commitment worth making as he told CNBC. Candy, who is one half of property duo Candy&Candy, had One Hyde Park — an apartment block in London’s Knightsbridge area and one of the most expensive addresses in the world as his high profile build. The prices here range from a relatively modest $5 million to an astonishing $215 million for a three-story penthouse with the place being just yards from Harrods department store, the luxury boutiques of Sloane Street and a short walk away from Buckingham Palace. However the million dollar question here is whether the 24-hour room service from the 5 star Mandarin Oriental Hotel next door, wine cellars, bomb-proof glass and even panic rooms a lavish folly or a smart investment?
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