So, you’ve got a million dollars burning a hole in your pocket and you’re looking to put a luxury roof over your head? Using data from Knight Frank, this article will you an idea of where in the world you’ll get the most square meters for your lavish outlay.
For those of us with enough funds to invest in luxury property, one of the first considerations will probably be where to buy. Location is everything, but as our infographic shows, it can have a huge effect on how much space you’re able to afford. Those determined on moving to Monaco will probably have to make some concessions. One million dollars will have you living in just 15 square meters. More spacious options would be Dubai with 137, Cape Town with 220, or a truly roomy 256 in São Paulo.
Image Credit: svetikd.
Monaco
Square meters/miles of prime residential property $1M can buy: 15 sq. meters/ about 161 sq. feet
Image Credit: ATGImages / istockphoto.
Hong Kong
Square meters/miles of prime residential property $1M can buy: 21 sq. meters / about 226 sq. feet
Image Credit: danielvfung / istockphoto.
London
Square meters/miles of prime residential property $1M can buy: 31 sq. meters / about 333 sq. feet
Image Credit: SHansche / istockphoto.
New York City
Square meters/miles of prime residential property $1M can buy: 33 sq. meters / about 355 sq. feet
Image Credit: DepositPhotos.com.
Singapore
Square meters/miles of prime residential property $1M can buy: 35 sq. meters / about 377 sq. feet
Image Credit: DepositPhotos.com.
Geneva, Switzerland
Square meters/miles of prime residential property $1M can buy: 37 sq. meters / about 398 sq. feet
Image Credit: bluejayphoto / iStock.
Sydney, Australia
Square meters/miles of prime residential property $1M can buy: 41 sq. meters / about 441 sq. feet
Image Credit: Deposit Photos.
Shanghai
Square meters/miles of prime residential property $1M can buy: 41 sq. meters / about 452 sq. feet
Image Credit: XIUYUAN YAO / istockphoto.
Paris
Square meters/miles of prime residential property $1M can buy: 41 sq. meters / about 452 sq. feet
Image Credit: neirfy / istockphoto.
Los Angeles
Square meters/miles of prime residential property $1M can buy: 41 sq. meters / about 452 sq. feet
Image Credit: DepositPhotos.com.
Beijing
Square meters/miles of prime residential property $1M can buy: 56 sq. meters / about 603 sq. feet
Image Credit: SeanPavonePhoto / iStock.
Tokyo
Square meters/miles of prime residential property $1M can buy: 64 sq. meters / about 689 sq. feet
Image Credit: DepositPhotos.com.
Berlin
Square meters/miles of prime residential property $1M can buy: 73 sq. meters / 786 sq. feet
Image Credit: bluejayphoto / iStock.
Miami
Square meters/miles of prime residential property $1M can buy: 77 sq. meters / about 829 sq. feet
Image Credit: espiegle/istockphoto.
Melbourne
Square meters/miles of prime residential property $1M can buy: 84 sq. meters / about 904 sq. feet
Image Credit: Deposit Photos.
Madrid
Square meters/miles of prime residential property $1M can buy: 106 sq. meters / about 1,141 sq. feet
Image Credit: basiczto / istockphoto.
Mumbai, India
Square meters/miles of prime residential property $1M can buy: 108 sq. meters / about 1,163 sq. feet
Image Credit: saiko3p / iStock.
Dubai
Square meters/miles of prime residential property $1M can buy: 137 sq. meters / about 1,475 sq. feet
Image Credit: JandaliPhoto / istockphoto.
Cape Town, South Africa
Square meters/miles of prime residential property $1M can buy: 220 sq. meters / about 2,368
Image Credit: DepositPhotos.com.
São Paulo, Brazil
Square meters/miles of prime residential property $1M can buy: 256 sq. meters / about 2,756 sq. feet
This article originally appeared on Statista.com and was syndicated by MediaFeed.org.
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