A penthouse is an apartment or housing unit traditionally on the highest floor of an apartment building, condominium, hotel, or tower. Penthouses are typically differentiated from other apartments by luxury features.
What is a penthouse? If you're lucky enough to live in one, it means you have arrived. The very word "penthouse" denotes luxury and exclusivity.
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What exactly is a penthouse and what makes a penthouse a status icon? Check out the major pros and cons of buying a penthouse and how well they hold their value.

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Penthouse apartments are luxury units on the top floor of an apartment building. They typically offer the very best views in the building, vaulted ceilings, floor to ceiling windows, and often a private entrance or elevator.
Simply stated, a penthouse apartment occupies the upper level or levels of the buildingit is the crown jewel perched high above the bustle of a city, King-Brown says.

penthouse is generally defined as the top floor of a building. Those who seek to buy or rent penthouses are seeking specific qualities in their home: privacy, sizable square footage and ...
What is a Penthouse Apartment? A penthouse is a luxury apartment or condo on the top floor of a building. That's the textbook definition. But here's where it gets tricky: not every top-floor unit is actually a penthouse. True penthouses have features that regular top-floor units don't.