The tallest palace in the world ends after 17 years, the cheapest apartment costs only 275 thousand euros

After 17 years, the 198-meter-high Intempo building in Spain was built. The tallest residential building in the European Union is located in the resort of Benidorm, on the Mediterranean coast.

Intempo is the tallest residential building in the European Union and its twin towers boast the fastest elevator in Spain, which moves at a speed of 4.2 meters per second and reaches the top floor in 52 seconds.

Skyscrapers in the Spanish resort of Costa Blanca can compete with Manhattan or Hong Kong, with 80 blocks higher than 25 floors, but 47 floors of "Intempo" leave everything in the shadows.

Resorts like Benidorm have borne the brunt of the drastic drop in foreign visitors during the coronavirus pandemic. However, 100 of the 256 apartments at Intempo were sold in advance - about 60 percent to Spaniards and the rest to Russians, Scandinavians, Germans and Belgians.