Ukraine’s richest man has set a record for property in Britain, spending $213 million on two London flats.

The flats cover 2,323 square metres across three floors of a luxury development overlooking Hyde Park, and have been bought by Rinat Akhmetov.

The oligarch plans to combine them to make a penthouse, including a further $93.6 million in interior improvements, according to the London Evening Standard.

The world’s most expensive residential apartments at One Hyde Park have been officially unveiled yesterday in London.

Around 350 guests were shown the apartments which reportedly start a £6.5m for one bedroom and go up to £140m for a penthouse. Prices average £6,000 a square foot, and are reportedly the highest ever paid for residential space.

60 percent of the apartments have already been snapped up, mainly by foreign business leaders from the Middle East, Africa, Russia, China and India.

A luxury penthouse in London has sold for a record-breaking £140 million ($220 million), as the market for “trophy homes” bucks the wider property slump.

The two-floor apartment at the One Hyde Park development in Knightsbridge features bullet-proof windows, an air purifying system and a panic room.

The new owners will have access to 24-hour room service from the neighbouring Mandarin Oriental hotel, and protection from SAS-trained security guards.

McLaren has confirmed its flagship London dealership will be based at One Hyde Park in Knightsbridge.

Strategically located between Harvey Nichols and Harrods, the landmark development is due to be completed at the end of the year.

Jardine Motors Group, McLaren Automotive’s London dealer, has secured the largest ground floor retail unit for a high-profile showroom.

Touted to be the most expensive flat in the world, One Hyde Park penthouse is estimated at $200 million.

The most expensive penthouse apartments will feature bullet proof windows, purified air systems and “panic rooms” and everyone on site will have access to an underground passage leading to the nearby Mandarin Oriental hotel.

Alhougth the image is not real, but a computer representation, it does give a view of what it will look like when completed in 2010.