The most expensive luxury real estate in the world is in Monaco

The most expensive luxury real estate in the world is in Monaco

Knight Frank named the city with the most expensive luxury real estate in the world. Monaco took the first place in the ranking. Among other European cities, the highest prices are in London, Geneva and Paris, according to the portal Arabian Business referring to the report of Knight Frank.

Average price of luxury real estate in Monaco is $57,600 - $63,700 per square meter. For comparison, in Hong Kong moneybags pay $49,200 - $54,400 per square meter of elite housing, in London - $41,900 - $46,300, in Geneva - $29,300 - $32,400.

Top 20 cities with the most expensive luxury real estate:

1. Monaco

2. Hong Kong

3. London

4. Geneva

5. Paris

6. Singapore

7. Moscow

8. New York

9. Sydney

10. Shanghai

11. Peking

12. Rome

13. Miami

14. Tokyo

15. Los Angeles

16. Mumbai

17. Istanbul

18. Sao Paulo

19. Dubai

20. Capetown