For $1 million one may buy only 15 square meters of prime property in Monaco, according to ee24.com citing The Wealth Report from KnightFrank. This is the lowest figure among cities of the world that were presented in the report.
One million dollars is not enough to buy a luxury apartment in London, Geneva or Paris. For this money one may afford 25, 35 and 42 square meters of housing, respectively.
Having $1 million is possible to purchase 61 square meters in Rome. Finally, Istanbul is one of the European cities where the entire luxury apartment can be bought for a million. A millionaire may change his money for 97 square meters.