What can you buy with 1 million euro in the most sought-after places in the world compared to Monaco?

The most sought-after places in the world are typically some of the most expensive real estate markets, so what you can buy with 1 million euro can vary greatly depending on the location. Let's take a look at what you can expect to buy with 1 million euro in some of the most sought-after places in the world:

1. Monaco: With 1 million euro, you can expect to buy a small studio in Monaco. Monaco is known for being one of the most expensive real estate markets in the world, and property prices are among the highest in Europe. With limited land and a high demand for housing, the cost of property in Monaco has continued to rise in recent years.The average price per square meter for an apartment in Monaco is around €52,000, making it the most expensive city in the world for property prices.
2. Paris: With 1 million euro, you could expect to buy a compact one or two-bedroom apartment in a central location like Le Marais or Saint-Germain-des-Prés. Paris is known for its romantic architecture and rich cultural heritage, which makes it a popular destination for buyers looking for a pied-à-terre in the city.
3. London: With 1 million euro, you could expect to buy a one or two-bedroom apartment in a central location like Knightsbridge or Mayfair. The exact size and quality of the apartment would depend on the exact location and building, but you could generally expect to get more space for your money in London than in some other cities.
4. Madrid: With 1 million euro, you could expect to buy a spacious two or three-bedroom apartment in a central location like Salamanca or Retiro. Madrid is known for its elegant, classical architecture, so you may be able to find a property with period features like high ceilings, ornate moldings, and balconies.
5. Geneva: With 1 million euro, you could expect to buy a modern two or three-bedroom apartment in a central location like Eaux-Vives or Plainpalais. Geneva is one of the most expensive cities in Europe for real estate, so you'll be paying a premium for any property in the city.
6. New York: With 1 million euro, you could expect to buy a one-bedroom apartment in a trendy neighborhood like Greenwich Village or Williamsburg, or a two-bedroom apartment in a less central area like Harlem or Astoria. The size and quality of the apartment would depend on the exact location and building, but you could generally expect to get more space for your money in New York than in some other cities.
7. Los Angeles: With 1 million euro, you could expect to buy a spacious two or three-bedroom apartment in a trendy neighborhood like Hollywood or Santa Monica, or a slightly larger property in a less central area like Pasadena or Studio City. Los Angeles is known for its laid-back lifestyle and year-round sunshine, which makes it a popular destination for buyers looking for a luxurious lifestyle.
8. Miami: With 1 million euro, you could expect to buy a modern two or three-bedroom apartment in a central location like South Beach or Brickell. Miami is known for its Art Deco architecture and vibrant nightlife, as well as its stunning beaches and tropical climate.
9. San Francisco: With 1 million euro, you could expect to buy a small one or two-bedroom apartment in a trendy neighborhood like Pacific Heights or Noe Valley. San Francisco is known for its picturesque views, vibrant culture, and booming tech industry, which has helped to drive up property prices in recent years.
10. Hong Kong: With 1 million euro, you could expect to buy a small one-bedroom apartment in a central location like Central or Sheung Wan. Hong Kong is known for having one of the most expensive real estate markets in the world, and property prices have continued to rise in recent years.
11. Tokyo: With 1 million euro, you could expect to buy a small one or two-bedroom apartment in a central location like Minato or Chiyoda. Tokyo is known for its fast-paced lifestyle, innovative technology, and unique culture, which makes it a popular destination for buyers looking for a cosmopolitan lifestyle.
12. Sydney: With 1 million euro, you could expect to buy a two or three-bedroom apartment in a central location like Surry Hills or Darlinghurst. Sydney is known for its stunning beaches, laid-back lifestyle, and thriving cultural scene, which makes it a popular destination for buyers looking for a high-quality of life.

Overall, while 1 million euro may sound like a lot of money, the type of property you can buy with it varies greatly depending on the location. In some cities, like Geneva or Paris, you may only be able to afford a relatively small property, while in others, like Los Angeles or Madrid, you may be able to get more space for your money. Working with an experienced real estate agent can help you navigate the complexities of the local market and find the best property for your budget and lifestyle.

Please find the real estate options that are in the vicinity of a budget of one million Euro: STUDIOS

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