A luxury penthouse occupying the entire 26th floor of the iconic Meridian Quay Tower in Swansea has been launched for premium short-term rentals.

The Meridian Penthouse, officially the tallest in Wales, was built more than a decade ago but has never been occupied.

Boasting unrivalled panoramic views across Swansea, North Devon and the Brecon Beacons, the 4,000 sq-ft penthouse has four super king bedrooms, a sea view lounge, an executive 16-seater boardroom with terrace, open plan entertaining space, and private access to the established Grape and Olive restaurant and Sky Bar.

Owners Meridian Quay Ltd – run by Swansea-born Phil Lake – acquired the 107-metre-high site earlier this year, which includes the Grape and Olive and six smaller residential blocks housing a further 45 apartments.

Having undergone extensive refurbishment work, the apartment has secured Visit Wales’ 5* grading and is now being launched as an exclusive destination for premium leisure or business visitors.

Nightly rental prices will range from £499-£999 per night, and up to £2,000 per night for specific events and private dinner parties for guests occupying the Penthouse.

Phil Lake, Managing Director at Meridian Quay Ltd, said:

“Swansea has undergone a major transformation over the past decade, with investments like the Swansea City Deal all helping position the city as a thriving visitor destination.

“The Meridian Penthouse complements this narrative perfectly, offering exceptional accommodation against a world-class backdrop that we’re confident will draw in guests from across the world.

“As a Swansea family business, we’re passionate about attracting inward investment to help position the city as a premium tourism destination. The Penthouse will play a part in this; helping showcase the city’s potential to investors and visitors across the UK and beyond.”

Mr Lake also stated that the business wants to ensure the local community is able to directly benefit from the wider Meridian Quay development. He stated that the company is set to launch a programme of ‘lunch and learn’ sessions in the Grape and Olive restaurant. Aimed at inspiring and educating schoolchildren in business and local history, the first session will be on 15 July with Sketty Primary School.

Jany Shaddick, Managing Director at Just Stay Wales which is marketing the property, said:

“The Meridian Penthouse offers unique and luxurious short-stay accommodation that is incredibly rare in Wales; the ideal setting to create lasting impressions among the business and leisure markets.

“We’ve already had enquiries from international business visitors as far afield as the USA, as well as TV production companies, discerning international travellers and overseas families of students, as well as mature groups attending local events.

“The penthouse provides all the perks of a hotel – with maximum personal security and privacy to offer a ‘home from home’-style experience. Attracting high-calibre visitors to Swansea and Wales is good news for the city and we’re proud to be marketing this stand-out property.”