Top 10 Most Expensive Cities To Buy Real Estate

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Most Expensive Cities To Buy Real Estate

Having a home is a necessity. Home is a place here you go to get relaxed. It is a place where you are most comfortable. Here i will talk about top 10 most expensive cities to buy real estate. To have a home you need to buy some property either to build on it or get an already build place where you can live. Property seekers have been constantly looking for leading real estate. They are shuffling their choices from the list of the most expensive city to buy property in just as the prices are shuffling from place to place or day to day. Due to the ongoing global financial crisis almost every commercial sector has been badly affected.

In a lot of cities across the earth, possessions prices are mounting high. Moreover with high returns that a buyer can expect from such sort of an investment. The market provides more and more opportunities for real estate investment in terms of orthodox studio apartments, extravagance houses and other indulgence possessions. Some extremely wealthy property buyers from across the globe are now gathering to abundant well known metropolitan cities that include of Vienna, Tokyo, and Mumbai etc. to seize their own share of this extremely lucrative investment opportunity. This article is going to highlight the top 10 most expensive cities to buy real estate of the world.

  1. Mumbai

Most Expensive Cities To Buy Real Estate

The Indian financial capital sits on the tenth spot of the list of top 10 most expensive cities to buy real estate. The city is also known as Bombay. This city is one of the most famous cities in India while it is the ninth most famous city all across the globe. It is also one of the most populous city of Indian with of 18.4 million people. Mumbai lies on the west coast of India and it also has a deep natural harbour. It is considered to be the very centre of the robust economic growth despite of the global economic crises all across the globe. The average price per square meter of land in Mumbai is $12,913 thus making it on to the borderline of the top 10 list.

  1. New York

Most Expensive Cities To Buy Real Estate

One of the world’s most famous and business oriented city bags the ninth spot in the list of top 10 most expensive cities to buy real estate. It has an average per square meter price of $13,428,it is still comparatively vigorous in terms of real estate sales, when we compare it to other major cities of U.S. The city has some strict tax laws due to which the property prices have went up so high. While the rental laws give landlord a bit more hold on the property as compared to the tenant.

  1. Tokyo

Most Expensive Cities To Buy Real Estate

The city of technology bags the eight spot on the list of top 10 most expensive cities to buy real estate of the world. In Japan Tokyo is considered to be most expensive city to buy real state as the rates go as high up to a price tag of $13,855 per square meter for real estate properties. Just like New York Tokyo also gives its landlords an upper hand over its tenants. The new laws introduced by the government also give leverage to the landlords.

Top 7 Most Expensive Cities to Buy Real Estate

  1. Moscow

Most Expensive Cities To Buy Real Estate

A city that is that’s home to the president and tsarist treasures in the Armoury known as Moscow grabs the seventh spot the list of top 10 most expensive cities to buy real estate of the world. It is the capital of Russia with an average price per square meter of $13,910 it breaks into the list of top ten. Although Russia is a communist country but still it allows its locals and foreigners to acquire property in the country. The rates in the city of Moscow are significantly high compared to the other cities in Russia.

  1. Geneva

Most Expensive Cities To Buy Real Estate

The land of Swiss Alps bags the sixth spot on the list of top 10 most expensive cities to buy real estate of the world. It lies at the southern tip of expansive Lake Geneva in one of the most beautiful countries in the world. With an average per square meter price of $15,388, Geneva and Switzerland both were able to fascinate a lot of interest in the real estate despite being amongst the most expensive cities in the world.

Top 5 Most Expensive Cities to Buy Real Estate

  1. Singapore

Most Expensive Cities To Buy Real Estate

The city of Singapore bags the fifth spot on the list of top 10 most expensive cities to buy real estate. It is most revered tourist destinations in the world. Singapore is now the capital of Republic of Singapore which has now entered into the elite list of the most expensive city to buy property in. The average rate per square meter for this city is $16,727.

  1. Paris

Most Expensive Cities To Buy Real Estate

The city of Paris bags the fourth spot on the list of top 10 most expensive cities to buy real estate. Paris the city of some extra ordinary architectural spots like Eifel and the leaning tower has an average rate per square meter circles around $18,066.

Top 3 Most Expensive Cities To Buy Real Estate

  1. Hong Kong

Most Expensive Cities To Buy Real Estate

The city of Hong Kong bags the third spot on the list of top 10 most expensive cities to buy real estate. In Asia it has the most booming economy thus it offers some most expensive property in the world. The average rate per square meter for this city is $19,323.

  1. London

Most Expensive Cities To Buy Real Estate

The city of London bags the second spot on the list of top 10 most expensive cities to buy real estate. London is the capital of United Kingdom and one of the most progressive metropolitans in the world. The average rate per square meter in London is Price $20,505.

  1. Monaco

Most Expensive Cities To Buy Real Estate

The city of Monaco bags the top spot on the list of top 10 most expensive cities to buy real estate. Monaco is one of European countries that sport a full of commotion economy. Due to which the luxury real estate is fairly suitable, with an average price of $53,226 per square meter.

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