10 Most Expensive Cities to Own a Home
The list of the top 10 most expensive cities to own a home in the world…
Monte Carlo
With average prices of $45,000 + per sq. m., no wonder it is the most expensive city to own a home. Why…Monte Carlo? The place has always been popular with the billionaires and the starlets, for the following indulgences it allows…a) casinos, b) stunning scenery, c)the Formula 1 Grand Prix d) plenty of sunshine all year round, e ) proximity to Monaco the best yatch harbours in the world.
Moscow
Surprised to see Moscow rank so high!
Moscow commands $20,800+ per sq. m. As a matter of fact, Moscow being in Russia, did affect the market, skyrocketing property prices like crazy.
London
London is marginally behind Moscow with $ 20,700+ per sq. m. The British love London for it’s joie de vivre. It’s the city that never sleeps!
Tokyo
Tokyo is ranked as the 4th most expensive city in the world. The real estate costs $18,000 per sq.m. Tokyo is The Place for sushi/sashimi/Kirin beer lovers. It’s not only the neon advertisements that are talk of the town it’s also the CROWD!
Hong Kong
The real estate costs $16,000+ per sq.m. for –a) Victoria Park, b)Harbour junks, c)proximity to mainland China, d)nearby islands , e)local beaches.
New York
Astonishingly enough, New York is the only city in the US included in the list. Cost of $14,800+ sq.m. allows you to afford a house in one of the most lively cities in the world. From Central Park to Manhattan’s skyscraper jungle you can find good food, great shopping outlets and anything that you wish for.
Paris
Real estate for this city of romance costs you $ 12,000+ for, a) the Eiffel Tower, b) a boat trip on the river Seine.
Singapore
My bet on the best cosmopolite in Asia is Singapore with a descent funding of $9,700 per sq.m. The strict rules and regulations about disposing off the trash and abundant green in the city makes it one of the cleanest cities in Asia.
Rome
With an investment of $9,000+ per sq.m. you can indulge yourself in this Italian Eden where you might get to see the pope or visit the Spanish steps and relish some of the finest Italian delicacies.
Mumbai
The financial hub of India clocks in at 10th position where in the real estate costs you around $9,000 per sq.m. approx.

1 Comment
highly informative article.