This is How Much Property $1 Million Gets You in Lavish Locations Across the World

If you have plenty of wealth (or dream of getting there one day) and are looking to rub shoulders with some of the richest people on the planet, you better be prepared to put your wallet where your mouth is.

There are certain cities around the world where most of the rich folks reside, given their staggeringly high prices and environment.

If you are looking to resettle at one of the most luxurious neighborhoods on Earth, you’ve come to the right place.

When it comes to the favorite destinations of the super-rich, Monaco leads the way, with Hong Kong, New York and London closely following behind.

According to Knight Frank’s Wealth Report 2018, these are destinations with some of the most prohibitively expensive properties worldwide.

Note: The figures below indicate the amount of prime property you could buy for US $1 million (in square meters) in selected cities.

You can buy only 16 square meters of residential property for 1 million USD in Monaco!

Here’s the complete list:

  1. Monaco – 16 m2
  2. Hong Kong – 22 m2
  3. New York – 25 m2
  4. London – 28 m2
  5. Singapore – 39 m2
  6. Geneva – 41 m2
  7. Paris – 46 m2
  8. Sydney – 48 m2
  9. Shanghai – 54 m2
  10. Los Angeles – 58 m2
  11. Beijing – 66 m2
  12. Tokyo – 76 m2
  13. Berlin – 77 m2
  14. Miami – 78 m2
  15. Melbourne – 90 m2
  16. Mumbai – 92 m2
  17. Istanbul – 98 m2
  18. Dubai – 138 m2
  19. Cape Town – 157 m2
  20. São Paulo – 173 m2


most luxurious cities of world

Going by these figures, Dubai and Mumbai are also among the most luxurious destinations where the nouveau riche live. For $1 million, you can get your hands on 92 mworth of prime property in Mumbai and about 138 mfor the same amount in Dubai. Its an interesting contrast if you think in terms of how affluent the two cities are by comparison.


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If you are looking to get the most bang (or at least space) for your bucks, São Paulo, Brazil seems to be the best option, offering 173 m2  of prime real estate for $1 million.

Now that you know which are the most luxurious cities in the world and how many swimming pools you can cram inside the property you buy for $1 million, what seems like your dream destination to retire to?

Source: Statista

Feature Writer

    • wellsaid brother , this is one of root causes of pakistan current image in world…. our own people so careless and shortsighted….

  • You can’t even buy a 450SqM house in F sector of Islamabad either… Or can you even buy a plot of approx 100SqM in Blue Area, Gulberg or Mall Road Lhr or similar area in any metro city??? Dear this is a very subjective topic… Property in Pakistan is a lot more costly as compared to most places in the world.

    E.g, one can buy a very nice house of above 1 kanal in a posh area of Canada, USA under 3 crore pkr. You can’t even think of buying a 10marla old bhoot bangla in Islamabad in the same price. Property rates in Pakistan are already over inflated that too on fake grounds.

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