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Cape Town is best value for money in global luxury real estate market [chart]
Posted by on Mar 10th, 2014

In a report of the world’s most expensive real estate markets, Cape Town, was listed as the place that offered the most square meters per $1 million. The world’s most expensive luxury real estate is found in Monaco where a $1 million will only get you a ridiculous 15 square meters. For the same price you could treat yourself to a massive 215 square meters in Cape Town.

cape town

So basically from that chart it’s clear that if you have a $1 million to spend you shouldn’t even bother with looking for a place in Monaco..unless you wanna buy a toilet.

[more at CNBC]

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