Panel is the meaning of bad housing conditions in post socialist countries, but it does not have to be true. 

Here you can find the before pictures and the process to go from boring to extraordinary on a relatively small budget.
 

This is a small flat, only 50 square meters and originally it was a bit dark. To light up the whole place some of the walls were substituted with glass. High quality materials, design furniture and objects give the apartment an elegant touch and the contemporary art collection makes it extravagant. 
This unusual project was featured in numerous magazines and mediums to prove that anything could be better with imagination.