Flats on the whole are predominantly found in urban locations, and luxury flats are often found crowning the most spectacular blocks of city flats. The crème-de-la-crème of flats are often distinguished by their setting as well as their interiors - both combined can lead to a huge premium in value over standard units.
As well as often being situated on the top floor, a premium location is a must, for example overlooking a river, a park or the sea. The design of the building and the flat itself might include in a new development a balcony, large open plan kitchen or bedrooms with a view or luxury flats can also be found in converted buildings with high ceilings and luxurious interiors. Entertaining space often commands a premium. Whatever your taste, money talks at this end of the market.