The World’s Most Expensive Locations Every year, real estate prices keep increasing in some of the world’s most wealthy cities and countries. From high-end fashion hubs to leading business centers, here’s a guide to the most expensive locations on the planet.
Hong Kong
Hong Kong is known for being one of the most expensive cities in the world. With the distinction of having the most expensive office space, it’s no wonder why Hong Kong consistently tops the list of costly cities. As the financial capital of Asia, international business investors can see why Hong Kong is considered a desirable place to purchase property.
Singapore
No list of expensive locations is complete without the inclusion of Singapore. The island city-state consistently ranks as one of the most expensive cities in the world, especially when it comes to the cost of living for expats. Residents enjoy a high-quality of life, but unfortunately this comes at a price.
London
The city of London is one of the costliest cities in the world due to its status as a financial, fashion, and cultural hub. Many of the city’s residents are international workers or mega-rich elites, resulting in one of the highest residential property prices in the world.
New York City
New York City might not have the highest real estate prices in the world, but it is one of the most expensive cities with regards to purchasing a piece of property. In fact, Manhattan alone is the costliest area in the city, with a median ask price of $1.38 million.
Tokyo
The bustling city of Tokyo may be cramped, but due to its popularity, it remains one of the more expensive locations in the world. Not only does it have one of the highest residential property prices, but due to its massive size, Tokyo’s prices tend to be higher than other cities.
Switzerland
Though Switzerland may be known for its luxurious chocolates and the stunning Alps, the high prices are more than enough to make it one of the most expensive places in the world. From purchasing property to the cost of livings, Switzerland is considered a high-priced destination, with Geneva being the most expensive area.
Monaco
Monaco is undoubtedly one of the most expensive places in the world, and not just because of branding as the destination of the rich and famous. Monaco is infamous for having the highest real estate prices in the world, with square-foot prices reaching up to $19,945.
San Francisco
San Francisco is one of the most expensive places to purchase real estate, with some of the closest areas to downtown commanding the highest median ask prices. Prices can easily reach eleven figures and beyond due to the desirable Bay Area location.
Honolulu
The Hawaiian capital of Honolulu is one of the costliest locations in the world. From the pricey Sands beachfront condos to the high real estate prices, Honolulu is one of the most sought out destinations for real estate investments.
Carcassonne
Carcassonne may not be as popular as some of the top expensive cities, but it’s definitely luxurious, especially for real estate investors. Known for its medieval landmarks, Carcassonne has become one of France’s priciest cities, particularly for luxurious seaside villas.
Seoul
The bustling capital of Seoul has some of the highest residential real estate prices in the world. From high-end apartments to businesses, Seoul has some of the most expensive assets in the country, especially in Gangnam and Jeonbuk provinces.
These places may be expensive, but they are some of the world’s most desirable locations. From the financial centers of Hong Kong and London, to the luxurious islands of Monaco and Honolulu, these locations remain some of the most expensive places to purchase property.
