What price would people pay for the security of knowing that they had a doomsday condo available in case the worst ever happened? Larry Hall, the owner and project manager of the Luxury Survival Condo Project, has found the answer.
Apparently the going rate for one of Hall’s 12 luxury “survival condos” being sold in Kansas ranges up to $3 million, and they’ve already sold out.
A 900 half-floor unit goes for $1.5 million, whereas a full-floor 1,820 square foot unit costs $3 million.
Luckily for any other would-be millionaires, the owner of the initial 12 units that are located in a former Atlas missile silo that once housed a nuclear warhead, he is now working on a second silo.
Are the Luxury Survival Condos Worth the Price?
Considering the luxury survival condos were built to withstand a catastrophic event, there are quite a lot of protective measures involved—while also offering comfort and privacy for its residents.
For those who have had a chance to visit the doomsday condos, they’ll first notice how the doors have a resounding thud as they close, and Hall says that he always feels safest when they do.
Inside, they’ll find themselves surrounded by walls that are up to 9 feet thick, as they need to be able to withstand a myriad of disastrous possible events, such as the eruption of Yellowstone’s supervolcano, a nuclear explosion or an outbreak of the avian flu.
There is bad news for their pets, however. They are only allowed to bring two, and it is limited to just cats and dogs up to 75 pounds in weight.
Who are the People Buying these Expensive Doomsday Condos?
Hall says that the people who bought his 12 luxury survival condos include a wide variety of backgrounds and political beliefs. Their jobs include law, medicine, architecture and international business, and added that they aren’t available for interviews.
Many media organizations, including NPR and the New Yorker, have tried to chronicle the survival habits of the rich over the past few years.
In a 2012 “doomsday preppers survey” conducted by National Geographic, they found that 41 percent of Americans think it is smarter to prepare for a catastrophe than it is to save for retirement.
“Some people are worried about solar flares taking out the power grid,” claims Hall. “Some are worried about a dirty bomb or pandemic, but it doesn’t matter what your threat scenario or ranking is.”
“What matters is that this is a one-size-fits-all solution. Having a survival facility is certainly in vogue.”