Monaco expensive housing markets in world

Monaco remains the most expensive housing market in the world class - the secondary housing market there seems to average 45 thousand per square meter, a study by the London-based real estate agency Chesterton Humberts.

Its closest competitor is the favorite destination of Millionaire - French resort of Saint Jean Cap Ferrand, where the price is 32 500 square meters, followed by London in third place with a price of 22,500 euros for a square.

However, London could claim that it is the most expensive housing in the world after the recent sale of the apartment complex at One Hyde Park for 220 million dollars, says the Real Estate Channel.

New York and Paris are lagging behind in this ranking, respectively, with prices from € 15,500 / sq. m and 13,500 euros / sq. m. From a total of 22 markets examined Mauritius Phuket and go with the most advantageous price of 3 thousand square meters of

For sales of new homes have led Hong Kong, New York and London respectively, with prices from 19,500 euros, 16,750 euros and 16,500 euros per square meter

Monaco is not the first time she decorates with that title, but lately there are some disagreements as to which particular area is currently the most expensive housing market.

According to the Financial News survey of the most expensive street to buy a home in the world is Severn Road in Hong Kong. The apartments there sell for an average of 54 thousand square meters, or about 70 thousand dollars. For comparison, the Avenue Princess Grace in Monaco, the average price is 60 thousand dollars since last year prices fell by 50%, reported by Financial News, as based on data from the consulting company Knight Frank and Savills.