Places with the most expensive real estate
Some places around the world are known not just for their beauty or location, but for the sky-high prices of their real estate. These cities and resort towns attract global attention with homes that symbolize wealth, status, and a unique way of life.
Whether it's a penthouse in a busy city or a villa by the sea, these properties are the epitome of luxury. This gallery explores some of the world’s most expensive real estate markets and what makes them so sought after. Curious about where they are and how much they? Click to find out.
Cannes, France
Cannes’ real estate continues to be some of the most expensive in the world. It costs an average of $14,800 per square meter ($1,376 per square foot).
Cannes is renowned for its prestigious film festivals and luxurious neighborhoods like Super Cannes, La Californie, and La Croisette. These factors help maintain the city’s real estate market as one of the most valuable in the world.
Nice, France
Located on the Mediterranean coast, Nice commands a high price for its real estate. Property costs an average of $15,000 per square meter ($1,395 per square foot).
Geneva, Switzerland
Switzerland is known to be one of the wealthiest countries in Europe, and Geneva is particularly affluent, with highly sought-after real estate. Average property prices reach $15,200 per square meter ($1,412 per square foot).
Singapore
Owning property in Singapore can be an expensive affair. The average real estate prices are $16,700 per square meter ($1,551 per square foot).
Los Angeles, California, US
Real estate prices in Los Angeles show no signs of slowing down. The city has become one of the most expensive in the world, with property prices reaching $17,500 per square meter ($1,627 per square foot).
Miami Beach, Florida, US
Miami Beach’s real estate is renowned all over the world. The average property price is $17,800 per square meter ($1,653 per square foot).
Palm Beach, Florida, US
The real estate sector in Palm Beach remains one of the most expensive globally. The average property price reaches $18,000 per square meter ($1,672 per square foot).
Sydney, Australia
Sydney’s real estate market is one of the costliest in the world. The average cost of property here is a staggering $19,500 per square meter ($1,812 per square foot).
Saint-Jean-Cap-Ferrat, France
Situated along the serene French Riviera, this small town ranks fifth among the world’s most expensive real estate. Its prime property prices hover around $21,200 per square meter ($1,971 per square foot).
London, UK
London has some of the most expensive real estate in the world. The average property price is $24,000 per square meter ($2,230 per square foot).
Hong Kong, China SAR
Hong Kong occupies the third spot as the world’s most expensive real estate market. The average price per square meter is $26,300 ($2,444 per square foot).
New York City, New York, US
New York City ranks second on the list. The average property prices reach an astonishing $27,500 per square meter ($2,554 per square foot).
Monaco
Monaco has the world’s most expensive real estate market. The average property price is a staggering $38,800 per square meter ($3,603 per square foot).
