luxury real estate market is not ´ uniform : here´s how you can buy mq with one million dollars in the various cities ´ of the world

Our specials

Given the instability of the stock markets and poor returns on savings bonds, investors are returning to look with interest to the real estate market as a safe investment, especially in the segment of luxury real estate. The Knight Frank Wealth Report analyzes each year the price of housing in excess of a million dollars in the world's cities.

The luxury sector of the property market globally is in fact quite uneven: one million dollars is enough to buy a decent-sized house in Madrid or Berlin, while the same figure in London will barely exceed 20 square meters. Scores this year's Monaco, which stands as the most expensive capital in the world, which have a million dollars you can buy only 17 square meters of a luxury property. Followed by Hong Kong, London and New York, respectively 20, 22 and 27 square meters per million. Are less prohibitive Paris, Beijing and Los Angeles, where a million dollars just to insist a 57 to 65 square meters of luxury studio. Definitely cheaper the Italian capital: a 75 sq m per million, almost on par with Miami (77 square meters).

Of course, these are average values, but the markets are constantly changing and the economic conditions also vary dramatically from city to city and it is possible to find good deals. Luxforsale offers such a fantastic apartment of 140 square meters in Rome, near the Colosseum, finely renovated and equipped with every comfort for just 890,000 Euros. Another interesting luxury apartment is located right in the center of Rome, a stone's throw from Piazza Navona: 1,350,000 Euros for 170 square meters.

Moving in Eur , in Rome , with 1,050,000 Euros you can buy a modern and prestigious apartment of 205 square meters well . The time is ripe and purchase a luxury property now is an investment in an industry that knows no crisis .

Array ( [cf_id] => Array ( [0] => usr [1] => property_city [2] => property_contract_type [3] => property_type [4] => property_country [5] => property_province [6] => property_state [7] => property_locality [8] => property_price [9] => property_price ) [cf_label] => Array ( [0] => Agency [1] => City [2] => Contract [3] => Type [4] => Country [5] => Province [6] => State [7] => Locality [8] => Min price [9] => Max price ) [filter_id] => Array ( [0] => user [1] => city [2] => contract_type [3] => type [4] => country [5] => province [6] => state [7] => locality [8] => price_min [9] => price_max ) [value_label] => Array ( ) [operator_id] => Array ( ) [operator_label] => Array ( ) )
Facebook