Most Expensive Land Per Square Meter This infographic shows the number of square metres of prime property 1m will buy you in selected cities around the world
When it comes to the most expensive land on the planet Monaco a tiny city state on the French Riviera consistently takes the crown Known for its luxurious lifestyle and high end real estate market land in Monaco can soar to over 100 000 per square meter In this graphic we explore the world s most expensive real estate markets using data as of December 2024 The rankings are based on the average price per square meter for a prime 100 200 m 1 075 2 150 sq ft apartment sourced from
Most Expensive Land Per Square Meter
Most Expensive Land Per Square Meter
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Nestled along the glamorous French Riviera Monaco stands atop the global hierarchy as the most expensive city to purchase land With a million dollars one can acquire a mere 16 square meters of prime real estate This limited space translates into a 4x4 or an 8x2 plot underlining the exclusivity and scarcity of land in this opulent principality With limited space and high demand the price of land in Monaco has skyrocketed making it the most expensive in the world The average price per square meter is around 60 000 with some properties reaching as high as 100 000 per square meter
For example Guildford Chester Hill and Sefton are 19 kilometres from the CBD and sit at 1800 per sqm Moving 38 kilometres out in Mount Druitt the price drops to under 1300 Monte Carlo was followed by Moscow Russia at less than half that price 20 853 per square meter and London England at 20 756 per square meter New York City placed 6th on the list at 14 898 per square meter Global Property Guide s full top ten list is as follows 1 Monte Carlo Monaco 47 578 2 Moscow Russia 20 853 3
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In late 2018 1 million was only enough for 22 square meters of prime real estate The U S has plenty of cities with highly inflated luxury property prices and New York City comes third with Coming in at eight on Savills report of the most expensive property markets in the world is Sydney where prospective buyers can expect to pay an average of 1 990 per sq ft following positive price growth throughout 2021 Of course Sydney speaks for itself when it comes to explaining its ever growing property market
To summarize the most expensive square meter in the world can be found in Monaco while Hong Kong holds the title for the most expensive land ever sold Other cities like New York Geneva and Tokyo also have significantly high property prices However when it comes to price per square meter Monaco consistently ranks as having some of the most expensive land in the world This distinction highlights the difference between total market value and the cost of individual plots
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This infographic shows the number of square metres of prime property 1m will buy you in selected cities around the world
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When it comes to the most expensive land on the planet Monaco a tiny city state on the French Riviera consistently takes the crown Known for its luxurious lifestyle and high end real estate market land in Monaco can soar to over 100 000 per square meter
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Most Expensive Land Per Square Meter - With limited space and high demand the price of land in Monaco has skyrocketed making it the most expensive in the world The average price per square meter is around 60 000 with some properties reaching as high as 100 000 per square meter
