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April 4, 2016 / Renovation & Design

The Most Expensive Real Estate In The World

Real estate, for anyone who has money is a very good investment. With this market slowly making a comeback after its initial slum, many investors are looking for real and worthy real estate to invest in. Some don’t just buy these amazing properties for personal use, but mostly for profitable purposes. Wealthy individuals have stopped acquiring real estate locally and are now looking across oceans to make their next multi-million dollar buy. There are many reasons as to why some properties are so expensive. It may be a tourism hub, it may provide financial opportunities or it may merely provide something good and of high quality. Below are a list of countries that have the most expensive real estate.

Monaco
To anyone who is incredibly rich, Monaco is the country for you. This haven is known to have beautiful warm and sandy beaches, cool blue waters, luxurious hotels and restaurants, and grand casinos, allowing you to spend your nights and days like kings and queens. Monaco, home to the most expensive real estate charges a whooping one million dollars for a mere 15 sq meters of land. Why many of the rich move their businesses and settle in the country is the unavailability of taxes that are imposed on businesses and income, allowing them to make even more profits, also check this great Hong Kong housing.

Hong Kong (HK)
HK, after Monaco, has the priciest real estate. Being the financial hub of Asia, it gives any investor a strategic advantage of international investment. It is a modern city that is very well organized and planned, and manages cleanliness to the dot. Want to buy some exclusive real estate? Hire a Hong Kong Parkview property agent or go to a real estate agency and talk to them about the Central and mid level listings. HK, having the second most expensive real estate, goes at a rate of one million dollars for 26 sq. feet.

London
London has become quite the investment destination in recent times due to its stable economy. It is a city with a few of the most expensive real estate, but it is safe to say there are properties for individuals with lower budgets too. With one million dollars in hand it is quite possible for you to purchase 25 sq. meters of land. You need to have the proper information before investing, for instance, you would go to a Hong Kong Parkview property agent if you need advice on buying an exclusive apartment. Likewise, it is necessary to go to a real estate agency in London and make a calculated decision.

Geneva
Known for its safety, great scenic views, crisp and fresh air, impeccable schools and not to mention its sturdy economy are few of the many reasons why people want to move and live in Geneva. With so much demand the prices of real estate are bound to increase, and for a million dollars you would be able to purchase 37 sq. meters, which for a multi-millionaire wouldn’t be such a huge deal.

If you’ve got the money, and is looking to buy a new holiday home to settle down in a different country, above are the four highly rated and expensive places to live in.

 

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