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Size of luxury property one million dollars can buy worldwide 2018, by city
Size of luxury property one million dollars can buy worldwide 2018, by city
Size of luxury property that one million dollars could buy in selected cities worldwide in 2018 (in square meters)

Luxury real estate – additional information
Real estate is considered to be one of the best long term investments and it certainly is one of the major investments one might make during a lifetime. As far as luxury real estate is concerned though, only the most affluent individuals or prominent real estate companies can afford to invest in prime properties in the world’s most attractive locations.
Monaco was the leading city in terms of most expensive luxury real estate worldwide in 2018. One million dollars could buy only 16 square meters of luxury property there. In London, the same amount of money could purchase 31 square meters of luxury real estate. In Tokyo one million dollars was enough to buy 67 square meters of prime real estate in 2018.
Prices of luxury real estate are greatly influenced by its location, view and proximity to various services, but also depend on economic conditions and therefore are subject to fluctuation. In 2018, the highest rate of luxury real estate price growth could be observed in Manila, Philippines, where prices increased by 11.1 percent. Other cities with substantial prime real estate property price growth were Edinburgh (10.6 percent), Berlin (10.5 percent), Munich (10 percent), Buenos Aires (10 percent), and Mexico City (9.5 percent).
Size of luxury property that one million dollars could buy in selected cities worldwide in 2018 (in square meters)
Size in square meters | |
---|---|
Sao Paulo | 200 |
Cape Town | 177 |
Dubai | 143 |
Istanbul | 109 |
Mumbai | 100 |
Melbourne | 97 |
Miami | 93 |
Berlin | 73 |
Tokyo | 67 |
Beijing | 67 |
Shanghai | 57 |
Sydney | 52 |
Paris | 46 |
Geneva | 41 |
Los Angeles* | 39 |
Singapore | 36 |
London | 31 |
New York* | 31 |
Hong Kong | 22 |
Monaco | 16 |
Size in square meters | |
---|---|
Sao Paulo | 200 |
Cape Town | 177 |
Dubai | 143 |
Istanbul | 109 |
Mumbai | 100 |
Melbourne | 97 |
Miami | 93 |
Berlin | 73 |
Tokyo | 67 |
Beijing | 67 |
Shanghai | 57 |
Sydney | 52 |
Paris | 46 |
Geneva | 41 |
Los Angeles* | 39 |
Singapore | 36 |
London | 31 |
New York* | 31 |
Hong Kong | 22 |
Monaco | 16 |
© Statista 2019
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Luxury real estate – additional information
Real estate is considered to be one of the best long term investments and it certainly is one of the major investments one might make during a lifetime. As far as luxury real estate is concerned though, only the most affluent individuals or prominent real estate companies can afford to invest in prime properties in the world’s most attractive locations.
Monaco was the leading city in terms of most expensive luxury real estate worldwide in 2018. One million dollars could buy only 16 square meters of luxury property there. In London, the same amount of money could purchase 31 square meters of luxury real estate. In Tokyo one million dollars was enough to buy 67 square meters of prime real estate in 2018.
Prices of luxury real estate are greatly influenced by its location, view and proximity to various services, but also depend on economic conditions and therefore are subject to fluctuation. In 2018, the highest rate of luxury real estate price growth could be observed in Manila, Philippines, where prices increased by 11.1 percent. Other cities with substantial prime real estate property price growth were Edinburgh (10.6 percent), Berlin (10.5 percent), Munich (10 percent), Buenos Aires (10 percent), and Mexico City (9.5 percent).
- Show sources information
- Show publisher information
- Release date
- 2019
- Region
- Worldwide
- Survey time period
- Q4 2018
- Special properties
- results based on responses from almost 900 of the world’s leading private bankers and wealth advisors.
- Supplementary notes
-
*New developments only.
All currency calculations are based on the exchange rate on 31 December 2018.
Source
- Show sources information
- Show publisher information
- Release date
- 2019
More information
- Region
- Worldwide
- Survey time period
- Q4 2018
- Special properties
- results based on responses from almost 900 of the world’s leading private bankers and wealth advisors.
- Supplementary notes
-
*New developments only.
All currency calculations are based on the exchange rate on 31 December 2018.
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Number of homes owned by UHNWIs 2018, by region

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Luxurious property in Europe: average price per square foot as of 2017
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- Overview
- Aggregate house price to income ratio in OECD countries from 2005 to 2018Annual aggregate house price to income ratio of OECD countries 2005-2018
- Annual change in housing prices in selected markets worldwide from 4th quarter 2017 to 4th quarter 2018Annual change in housing prices in selected cities worldwide 2017-2018
- Change in prime property prices in selected markets worldwide between 2008 and 2018Change in prime property prices in selected markets worldwide 2008-2018
- Most expensive residential property markets worldwide in 2018, by average price per square foot (in U.S. dollars)Most expensive housing markets worldwide 2018, by average price per square foot
- Annual change in luxury housing prices in selected markets worldwide from 2nd quarter 2017 to 2nd quarter 2018*Annual change in luxury housing prices in selected cities worldwide 2018
- Average price per square foot in selected prime residential markets worldwide in 2018 (in U.S. dollars)Price per sf in selected prime residential markets worldwide in 2018
- Global luxury market
- Most expensive residential real estate sales worldwide as of April 2019 (in million U.S. dollars)Most expensive residential real estate sales worldwide as of April 2019
- Most expensive residential properties listed worldwide in 2018 (in million U.S. dollars)Most expensive residential properties listed worldwide 2018
- Distribution of of luxury homes purchases worldwide from 2015 to 2017, by payment methodShare of luxury homes purchased worldwide 2015-2017, by payment method
- Number of days required to sell a luxury home worldwide from 2014 to 2017Length of time taken to sell a luxury home worldwide 2014-2017
- Size of luxury property that one million dollars could buy in selected cities worldwide in 2018 (in square meters)Size of luxury property one million dollars can buy worldwide 2018, by city
- Average price per square foot in selected ultra-prime residential markets worldwide in 2018 (in U.S. dollars)Price per sf in selected ultra prime residential markets worldwide in 2018
- Change in home values in selected ultra-prime residential markets worldwide from 2013 to 2018 Price change in selected ultra prime residential markets worldwide 2013-2018
- Luxury home buyers
- On average, how many homes do your clients own?Number of homes owned by UHNWIs 2018, by region
- Average number of homes owned by millionaires and demi-billionaires worldwide in 2018Number of homes owned by millionaires vs demi-billionaires worldwide 2018
- Share of ultra high net worth individuals (UHNWIs) planning to buy a new home in their country of residence worldwide in 2019, by regionShare of UHNWIs planning to buy a new home domestically worldwide 2019, by region
- Share of ultra high net worth individuals (UHNWIs) planning to buy a new home outside their country of residence worldwide in 2019, by regionShare of UHNWIs planning to buy a new home internationally worldwide 2019, by region
- Share of ultra high net worth individuals (UHNWIs) owning a secondary residence outside their country of residence worldwide in 2019, by regionShare of UHNWIs with second homes in another country worldwide 2019, by region
- Regional data
- Annual change in luxury home prices in selected markets in the United States between Q3 2017 and Q3 2018Annual change in luxury home prices in selected markets in the U.S. 2017-2018
- Year-on-year change in volume of luxury homes sold in selected cities in Canada in the first half of 2018*Change in volume of luxury homes sold in selected cities in Canada 2018
- Average cost of prime real estate in selected cities across Asia Pacific in 2018 (in 1,000 U.S. dollars per square meter)Cost of prime real estate in selected cities in Asia Pacific 2018
- Average prices of ultra prime property in selected European locations as of January 2017 (euros per square foot)Luxurious property in Europe: average price per square foot as of 2017
- Change in prime property rental prices in United Kingdom from 2018 to 2022*United Kingdom (UK): prime property rental prices growth 2018-2022
- Commercial property investment destinations in Europe as of 2014
- Real estate developer investment in China 2018, by region
- Property developer investment into residential housing in China 2018,by region
- Asking price per square meter of houses in largest cities in Netherlands 2014-2016
- Latin America: apartment sale price 2019, by city
- Property rights index in North America 2017, by country
- Property rights index in Africa 2017, by country
- Property rights index in Asia 2017, by country
- Finalized real estate investments in cities in China 2018
- Annual change in prices per square meter of old apartments in France 2015-2016
- Square meter housing price in France 2017, by type of housing
- Number of housing loans for old properties transactions in France 2016
- Median square meter old flats price in France 2016
- Rental property investors by age in France 2017
- Rental investment: real estate interest in France 2015
- Average all risk yields for residential investment in Switzerland H2 2017, by city
- Breakdown of China's top 100 real estate companies by revenue size 2017
- Greece: employees in the real estate activities industry 2008-2015
- Industry revenue of »professional, scientific and technical activities« in Latvia 2011-202...
- Forecast of firms in the real estate, rental and leasing industry in U.S. 2018-2026
- Annual aggregate house price to income ratio of OECD countries 2005-2018
- Annual change in housing prices in selected cities worldwide 2017-2018
- Change in prime property prices in selected markets worldwide 2008-2018
- Most expensive housing markets worldwide 2018, by average price per square foot
- Annual change in luxury housing prices in selected cities worldwide 2018
- Price per sf in selected prime residential markets worldwide in 2018
- Most expensive residential real estate sales worldwide as of April 2019
- Most expensive residential properties listed worldwide 2018
- Share of luxury homes purchased worldwide 2015-2017, by payment method
- Length of time taken to sell a luxury home worldwide 2014-2017
- Size of luxury property one million dollars can buy worldwide 2018, by city
- Price per sf in selected ultra prime residential markets worldwide in 2018
- Price change in selected ultra prime residential markets worldwide 2013-2018
- Number of homes owned by UHNWIs 2018, by region
- Number of homes owned by millionaires vs demi-billionaires worldwide 2018
- Share of UHNWIs planning to buy a new home domestically worldwide 2019, by region
- Share of UHNWIs planning to buy a new home internationally worldwide 2019, by region
- Share of UHNWIs with second homes in another country worldwide 2019, by region
- Annual change in luxury home prices in selected markets in the U.S. 2017-2018
- Change in volume of luxury homes sold in selected cities in Canada 2018
- Cost of prime real estate in selected cities in Asia Pacific 2018
- Luxurious property in Europe: average price per square foot as of 2017
- United Kingdom (UK): prime property rental prices growth 2018-2022
- Commercial property investment destinations in Europe as of 2014
- Real estate developer investment in China 2018, by region
- Property developer investment into residential housing in China 2018,by region
- Asking price per square meter of houses in largest cities in Netherlands 2014-2016
- Latin America: apartment sale price 2019, by city
- Property rights index in North America 2017, by country
- Property rights index in Africa 2017, by country
- Property rights index in Asia 2017, by country
- Finalized real estate investments in cities in China 2018
- Annual change in prices per square meter of old apartments in France 2015-2016
- Square meter housing price in France 2017, by type of housing
- Number of housing loans for old properties transactions in France 2016
- Median square meter old flats price in France 2016
- Rental property investors by age in France 2017
- Rental investment: real estate interest in France 2015
- Average all risk yields for residential investment in Switzerland H2 2017, by city
- Breakdown of China's top 100 real estate companies by revenue size 2017
- Greece: employees in the real estate activities industry 2008-2015
- Industry revenue of »professional, scientific and technical activities« in Latvia 2011-2023
- Forecast of firms in the real estate, rental and leasing industry in U.S. 2018-2026
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