Home is probably the most important concept of the human mind. You know what they say: home is where the wi-fi connects automatically. Sadly, most of the time wi-fi isn’t enough, and we need things like infrastructure to be developed, for nearby shops to sell cheap liquor and food, and most importantly, to have at least some bragging rights about the location of your home-sweet-home.
If you have a few spare millions, this list might help you decide whether you should buy your new luxury villa on the outskirts… or a few square feet of living space in the center of a megapolis. So here we go, the 7 most expensive cities for real estate!
New York is a classic city with sky-high buildings, expectations … and real estate prices. 1 sq. m. will cost you around $13,400, and keep in mind, it’s still the lowest point on this list.
We’ve pegged Tokyo a few hundred bucks above the NY prices, at $13,850. Just like NY, this amazing city is brimming with life. You’re hugely interested in Japanese culture and the social oddities that abound – so by yourself a place to live while you’re doing the research.
Welcome to one of the most beautiful cities in the world – Geneva. On average, you’d have to pay $15,340 per square meter, but it’s so worth it. If it wasn’t for the breathtaking view, it probably wouldn’t be on this list.
Paris has some extraordinary tourist spots like the legendary Eiffel tower, Louvre, with thousands of art masterpieces, Arc de Triomphe, and countless other landmarks and historical sights, so it’s no wonder that the average sq.m. would cost you $18,000. Go figure!
At $19,300 per sq.m., Hong Kong stands at #5 of most expensive cities to buy real estate property in, and it’s one of the most expensive ones in Asia. Why is the price this steep? What do they have to offer that offer cities can’t? I guess I’ll never know.
You should’ve seen this one coming – the capital of the United Kingdom and one of the most progressive cities in the world – London. The average rate per sq. m. here is $20,500. Just think about it: for $1 mil, you’ll only get like 50 sq. m.! That’s pretty much nothing, unless you’re a cat, but cats can’t buy real estate anyway. That thought took a weird turn. Onto the last contestant!
Remember the 50 sq. m. you would’ve gotten in London for 1 mil? Yeah, in Monaco you’ll get less than half of that. Crazy, right? One puny square meter will cost you on average a little over $53,200.