In these countries is not so easy to invest in property, because apartments will cost not less than$ 20,000 per 1 sq. m.
Developing country, real estate is expensive, as luxury real estate becomes more expensive even faster.
Does this mean that to invest in real estate profitable? Partly Yes, but there are countries in which to do it will not be easy – where apartments and houses of category “Suite” are fabulous money. Where can you spend with Shine – in our review of countries with the most expensive real estate.
Australia: 1 sq. m = $24 300 Australia – or rather, Sydney is the seventh line of the rating. The city is very great, and the apartment is 5 km from the city center can cost 1.5 times more expensive than a similar property located on 5 km further. In addition, the property is sold fully renovated and equipped with all appliances, which also affects the price.
England: 1 sq m = $39 700 properties in England throughout the road, and if we talk about housing in London – and at exorbitant. Buy luxury property in Hyde Park for the price of an average of $39 700 per square meter, but you can try to find expensive – up to $63 500. London real estate has another advantage – its price is growing steadily. Since 2009, the property here has risen by an average of 55%.
Administrative region of Hong Kong: 1 sq m = $48 500 Another city of the rich, Hong Kong, boasts enchanting expensive real estate. Still, it’s the country with the highest density of millionaires, in fact, every square kilometer of the area is home to 10 billionaires, and they need somewhere to stay. The best place for this is in Repulse Bay, an upscale neighborhood, almost completely sold out to the rich who can pay for the apartment immediately.
China: 1 sq m = $21 600 the Number of rich people in China is growing rapidly, and with them rising prices for residential property. Shanghai is the most expensive city of China, part – time, and the largest city in the country. The real estate market is growing at a record pace, so neither the purchase nor the sale of housing is not a problem. The tastes of the Chinese Nouveau riche are diverse – some are buying luxury real estate in tens, the friend bought apartment design from Versace.
Principality of Monaco: 1 sqm = $66 700 In the dwarf Kingdom can not only look at the fastest cars, a ride on a modern yacht and dine in the same restaurant with the Prince of Monaco. You can also buy the most expensive property in the world. Places where you can build not so many, and so the laws of the market work against the buyer. So it happens that the price of 1 sq. m. up to $100 000 per square meter or more.
Russia: 1 sqm = $23 200 Moscow pretty “dipped” in prices because of the galloping rate of the ruble over the past two years, but still retains the status of one of the most expensive capitals in the world. It concerns gentrification, and the number of residential complexes of premium class even increased.
Singapore: 1 sq m = $30 700 Tiny city-state situated on 63 Islands and the most expensive real estate is concentrated in it, oddly enough – on the reclaimed land of Marina Bay. In addition to expensive real estate district boasts the Formula 1 and the most expensive hotel in the world — Marina Bay Sands.
USA: 1 sq. m = $25 000 Approximately the same amount, for example, will cost you apartments in the prestigious Tribeca area in new York. However, the district only recently became inhabited, and before that was built up buildings for industrial purposes. The prestige is determined by proximity to the center, what can we say about the most “Central” of real estate? Its price will be at least 30% higher, from $32 000.
France: 1 sq. m = $24 000 just slightly cheaper – luxurious Parisian apartment with a private garden. Yes, Yes. In the centre of this metropolis, you can still own a piece of greenery. But, like everywhere appreciate the comfort and modern facilities, and proximity to business districts, so the most expensive square meters in the center of the city – up to $30 000.
Switzerland: 1 sq m = $28 800 If you have a Swiss Bank account, you might want to live closer to their money. However, this is not so simple: the property in this country is very expensive, especially if we are talking about the elite. Fashionable districts in cities across the country there is little, however, as “poor” neighborhoods, but here you can buy a restored vintage estate.