After Armani told the world they were creating a luxury condo in Miami, other Italian brands were never going to be far behind. Sure enough, Fendi have unveiled designs for their own luxury building, which will be built in the same city as their competition.

The Fendi Chateau Residences will be a 12-story building on Collins Avenue, just south of Bal Harbour, and there will be 58 suites.

The opening is scheduled for June 2016 - a record time for construction. All apartments will feature furniture from Fendi Casa, Gaggenau appliances and Italian marble in the bathrooms. They will set you back between $ 5 and $ 22 million. Wow, quite the luxury!