A luxury apartment is a high-end apartment that includes everything you could ever want or need.
Luxury apartments are large and spacious and situated in premium locations. They have top-of-the-line appliances and housewares, a concierge, on-site parking (sometimes valet parking is available) and countless amenities. Such amenities could include on-site movie theaters, high-end fitness centers, large pools, spas and many others.
Luxury apartments can cost a pretty penny, but that's because they're well taken care of and include many things other apartments don't have. Appliances and decor are often updated and there are excellent amenities. Luxury apartments are larger than normal, have the best views in the city and are often the most private and secure.
Lease terms can be strict and the decor can be difficult to work with sometimes. Although it's modern and new, most luxury apartments include basic furniture and decorations, so you'll need to figure out how to merge your personal style with what's already there.