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Live luxury with real estate market in Land for Sale

Posted on | August 19, 2010 | No Comments

luxury with real estate market in for Sale

 

The world’s most expensive real estate market, according to a recent survey by the Global Property Guide, is Monte Carlo. Named “Mount Charles” after Prince Charles III of Monaco, Monte Carlo is a northern district in the city-state of Monaco and is home to the Opera de Monte-Carlo, the renowned Hotel de Paris and the greater portion of the Circuit de Monaco, where Formula One drivers race in the Monaco Grand Prix.

Real estate in this of luxury cost an average of ,578 per square meter, according to the Global Property Guide’s 2009 report.

Monte Carlo was followed by Moscow, Russia at less than half that price—,853 per square meter—and London, England at ,756 per square meter. New York City placed 6th on the list at ,898 per square meter.

1. Monte Carlo, Monaco – ,578
2. Moscow, Russia – ,853
3. London, England – ,756
4. Tokyo, Japan – ,998
5. Hong Kong – ,125
6. New York, USA – ,898
7. Paris, France – ,122
8. Singapore – ,701
9. Rome, Italy – ,166
10. Mumbai, India – ,163

Despite everything you’ve heard about the housing market, the residents of these swanky streets aren’t sweating it. That’s because they on the most expensive residential streets in the world. A recent survey by Wealth-Bulletin places the following five streets at the top of the list.

1. Avenue Princess Grace, Monaco – ,750 per square foot.

The world’s most expensive residential street was named after former Monacan princess and iconic black and white film actress Grace Kelly. Residents of Avenue Princess Grace can expect to meet Middle Eastern elites, Russian billionaires and members of the Monacan royal family. The price was set by a million, four bedrooms home.

2. Severn Road, Hong Kong – ,200 per square foot.

Hong Kong’s most expensive street lies on the top of Hong Kong Island in the city’s most affluent district, The Peak. A million apartment purchased by a Chinese businessman earned this street its place on the list. The street is named after a British colonial administrator, Claude Severn, who spent 1911-1925 as Colonial Secretary of Hong Kong.

3. Fifth Avenue, New York City – ,500 per square foot.

The third most expensive street in the world runs from Washington Square to Harlem and divides Manhattan’s East/West streets. It is representative of New York’s upper crust, having been rated as the most expensive shopping street in the world. In 2005, press baron Rupert Murdoch purchased one of the Plaza Apartments attached to Plaza Hotel for million.

Nbrdevelopers.com is a young, dynamic and vibrant real estate developer from Bangalore formed to fulfill the aspirations of people to have their own houses. NBR Developers has pledged itself towards fulfilling this aspiration of people and has over the last 8 years fulfilled this aspiration of many people of creating residential plots in Hosur. It has worked towards establishing itself as one of the key players in real estate development in Bangalore and Hosurcreating residential plots in Hosur, Plots, Villas, Apartments, Houses, Lands, RealEstate, Flats for sale.

Nbrdevelopers.com is a young, dynamic and vibrant real estate developer from Bangalore formed to fulfill the aspirations of people to have their own houses. NBR Developers has pledged itself towards fulfilling this aspiration of people and has over the last 8 years fulfilled this aspiration of many people of creating residential plots in Hosur. It has worked towards establishing itself as one of the key players in real estate development in Bangalore and Hosurcreating residential plots in Hosur, Plots, Villas, Apartments, Houses, Lands, RealEstate, Flats for sale.

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