The arrangement involves securing temporary residential occupancy within a luxury apartment situated on the uppermost floor of a building. This arrangement typically involves a contractual agreement stipulating payment for a defined period, granting the occupant exclusive access to the unit. An example of this might be entering into a six-month agreement for an upper-level apartment offering panoramic city views and private outdoor space.
Such arrangements can provide significant advantages, including flexibility in relocation and the opportunity to experience high-end living without the long-term commitment of ownership. Historically, upper-floor apartments have been associated with status and exclusivity, reflecting a desire for elevated living experiences and unparalleled views. This type of temporary occupancy can cater to individuals seeking short-term luxury accommodations or those transitioning between permanent residences.