Monaco tops the chart of the most expensive urban real estate in the world, according to Global Property Guide.
10 Most expensive property markets (based on 120 sq. m. flats in city centres )
Country City/ Region Ave. price (US$/ sq. m.)
1 Monaco Monte Carlo 47,578
2 Russia Moscow 20,853
3 UK London 20,756
4 Japan Tokyo 17,998
5 Hong Kong Hong Kong 16,125
6 USA New York 14,898
7 France Paris 12,122
8 Singapore Singapore 9,701
9 Italy Rome 9,166
10 India Mumbai 9,163
The least expensive markets are in Cairo, Egypt where a city centre apartment costs $574 sq.m. Bangalore, Concepción (Chile) and Quito (Ecuador) follow.
The full list can be viewed on Global Property Guide.
* Overseas properties for sale
