Size of luxury property one million dollars can buy worldwide 2022, by city

Monaco was the leading city in terms of most expensive luxury real estate worldwide in 2022. One million dollars could only buy 17 square meters of luxury property there. In London, the same amount of money could purchase 34 square meters of luxury real estate. In Tokyo one million dollars was enough to buy 60 square meters of prime real estate in 2022.

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.