Now the super-rich are joining generation rent as they splash up to £60,000 a week on swish apartments to avoid huge stamp duty bills in exclusive areas

  • A penthouse apartment in Park Lane, London, is available for £60,000 per week and includes an Aston Martin
  • It is a popular choice for the super-rich who rent rather than purchase property to try and avoid stamp duty
  • Other items which cost £60,000 include private school fees, chartering a yacht and hiring Brandon Flowers 

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A London penthouse which comes with its own butler, Aston Martin and a maid is available to rent for £60,000 per WEEK.

The 4,800 sq ft property, which boasts five bedrooms, is owned by luxury hotel chain Jumeirah, and is located in the prestigious Grosvenor House in Park Lane.

The penthouse, which is the most expensive apartment to rent in London, is said to be attracting the interest of the super rich, who would prefer to rent the luxury flats rather than purchase to avoid paying stamp duty, according to The Guardian

The 4,800 sq ft penthouse flat at Grosvenor House in Park Lane is available to rent for £60,000 per week. It is owned by luxury hotel chain Jumeirah

The 4,800 sq ft penthouse flat at Grosvenor House in Park Lane is available to rent for £60,000 per week. It is owned by luxury hotel chain Jumeirah

Highlights of the apartment include 24 hour security, concierge and room service, return airport transfers, five en-suite bathrooms, a baby grand piano and private balcony with views over Hyde Park.

When speaking to the Guardian, Ricky Luther, of Chase Apartments, revealed that the properties are a popular haunt of celebrities and Middle Eastern royalty.

He said: 'It's most popular during the summer, when a lot of tourists come – it attracts Arab royalty, who come with big families.

'They like to be close to Knightsbridge and Mayfair, and have the lovely views of Hyde Park. You can get to Harrods in just five minutes.' 

So what else can you buy with £60,000?

The stunning property offers views of Hyde Park and comes with use of an Aston Martin, airport transfers, and 24hr security

The stunning property offers views of Hyde Park and comes with use of an Aston Martin, airport transfers, and 24hr security

1) Genevieve yacht - £60,000 per week

The 121 ft Genevieve yacht can cost £60,000 during the summer in the low season. It was originally built in 1996 but underwent a refurbishment (Stock image of a yacht)

The 121 ft Genevieve yacht can cost £60,000 during the summer in the low season. It was originally built in 1996 but underwent a refurbishment (Stock image of a yacht)

This luxury yacht, available to rent from chartering company Burgess, offers the 121 ft Genevieve yacht for €70,000 (£60,000) per week during the low summer season.

It was originally built in 1996 but underwent a refurbishment in 2015. It features a wooden interior complete with four guest cabins, satellite television, wifiand watersports equipment.

The yacht comes with six crew members and accommodate eight or nine guests.

2) BMW M4 Convertible - from £61,000

The BMW M4 Convertible, available from around £61,000, has a six cylinder engine, has a top speed of 155mph and can reach 0-62mph in 4.4 seconds

The BMW M4 Convertible, available from around £61,000, has a six cylinder engine, has a top speed of 155mph and can reach 0-62mph in 4.4 seconds


For those who want to use £60,000 to purchase a car, the BMW M4 Convertible is the car for you. It features a six cylinder engine, has a top speed of 155mph and can reach 0-62mph in 4.4 seconds. 

It also has a leather interior, 19 inch alloy wheels, Bluetooth, wireless phone charging, and BMW's iDrive system with an 8.8in infotainment screen. 

3)  Brillantmont, Switzerland - Starting from £53,000 per year for boarders

Brilliantmont school in Switzerland charges fees for boarders from £53,000 per year. The family-run school has been going for 135 years and has stunning views of lake Geneva

Brilliantmont school in Switzerland charges fees for boarders from £53,000 per year. The family-run school has been going for 135 years and has stunning views of lake Geneva

For parents who want their children to achieve the best possible grades, they might consider sending them to the Brilliantmont school in Switzerland. The family-run school, which has been going for 135 years, overlooks lake Geneva and and is not far from Swiss city Lausanne.

According to a reaccreditation report by New England Association of Schools & Colleges in June 2014, the school is 'responsive' and 'wants to serve and encourage its students in an extraordinary fashion'. 

But the competitive school has a serious vetting process, including questionnaires, previous school reports for the last three years and a graded English writing sample.  

4) Brandon Flowers - £60,000 per gig

Brandon Flowers, the frontman of The Killers performing at the Festival Internacional de Benicassim in July 2013

Brandon Flowers, the frontman of The Killers performing at the Festival Internacional de Benicassim in July 2013

According to Data website Priceonomics, fans of The Killers frontman can watch him perform tracks from his two solo albums (and maybe some Killers hits) for a cool $75,000 (around £60,000) per gig. 

His debut solo album, Flamingo, was released in 2010 and reached the number 1 position of the UK Albums chart. Mr Flowers' follow-up, The Desired Effect, was released five years later and was recorded while the rest of the band wanted to 'take a break from recording and the rat race'.

It again reached the number 1 spot of the UK Albums chart.

5) Premier League footballer fees - £60,000 per week

Some football players, including Crystal Palace's Connor Wickham and Scott Dann, are paid £60,000 per week for playing the game (stock image) 

Some football players, including Crystal Palace's Connor Wickham and Scott Dann, are paid £60,000 per week for playing the game (stock image) 

While fees for a footballer often change, The Daily Star published a report last year which revealed several players from middling Premier League teams earn around the cost of Grosvenor House

Crystal Palace, who are currently fighting relegation from the top flight, are forking £60,000 for players such as Connor Wickham, 23, and Scott Dann, 30.

£60,000 also equates to the weekly pay of Sunderland striker Fabio Borini, who has managed a grand total of one goal all season as his side struggle to get off the foot of the table.

 

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