The Leas Pavilion penthouse in Folkestone, near the Icelandic car park, will cost £3million
A ‘luxury’ sea view apartment next to a car park in Iceland has gone on the market for nearly £3million – before it was even built.
The three-bedroom penthouse will be part of the controversial Leas Pavilion development in Folkestone next summer.
KentOnline has previously reported how a modern redesign of the former Grade II listed Victoria Theater will see 91 new apartments costing around £935,000.
The penthouse was expected to cost over £2million – but its value has now been confirmed by the developers at a staggering £2,995,000.
The price, which is for a freehold share of the property, would take monthly mortgage payments of £17,302 over 25 years.
Today, residents took aim at the huge price tag and location of the development.
But London-based estate agents Cadogans Property yesterday called the 1,787 square feet an “exceptional luxury standard”.
He said the flat would offer ‘breathtaking panoramic sea views from its balcony’ across the English Channel.
Developers are currently gutting the historic waterfront nightclub, which was originally an Edwardian tea room.
And yesterday, new CGI artist impressions revealed how the site architect’s vision is unfolding.
Yesterday, a thread started by Jill Twewart on the Folkestone Residents Group Facebook page has already attracted 127 comments.
Ellise Paris wrote: ‘£3m to live next to the Icelandic car park…lol.’
Caroline Hallett said the Gustavia devs were “having fun”, with another user adding: “(They’re) not for locals then.”
But Jason Moves joked: “(It’s) close to Wetherspoons – it’s a winner in my book.”
The project has long been a bone of contention among activists, with Joanna Lumley famously wading into the fray.
But Gustavia got the offers after selling her concept as the best hope of preserving the old terracotta-brick nightclub.
Catogans said: “This newly built development comprises 91 apartments all finished to the most exceptional luxury standards with phenomenal sea views over the coast.
“The Grade II listed building has been restored from its historic splendor to an even more glamorous residence, ensuring that all of its residents’ needs are met with superbly included concierge, gym and reception lounge.
“This unit is 9.2 the Penthouse and part of the Leas Pavilion Bronze finish. This apartment offers breathtaking panoramic sea views from its balcony.”
They said the apartment will feature a built-in wardrobe, “engineered wood flooring” and LED lighting.
The bathroom will feature heated floors and a bathtub surrounded by ceramic tiles, while the property will house a “modern smart home system” with the thermostat operated by remote control, the company added in its Rightmove ad.