Size of luxury property one million dollars can buy worldwide 2023, by city
Monaco was the leading city in terms of most expensive luxury real estate worldwide in 2023. One million dollars could only buy 16 square meters of luxury property there. In London, the same amount of money could purchase 33 square meters of luxury real estate. In Tokyo, one million dollars was enough to buy 64 square meters of prime real estate in 2023.
Luxury real estate – additional information
Real estate is considered one of the best long-term investments, and it certainly is one of the major investments one might make during a lifetime. As far as luxury real estate is concerned, though, only the most affluent individuals or prominent real estate companies can afford to invest in prime properties in the world’s most attractive locations.