Size of luxury property one million dollars can buy worldwide 2019, by city
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 2019. One million dollars could buy only 16 square meters of luxury property there. In London, the same amount of money could purchase 30 square meters of luxury real estate. In Tokyo one million dollars was enough to buy 65 square meters of prime real estate in 2019.