Top 10 world's most expensive real estate markets
- By Xu Lin
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E-mail China.org.cn, January 9, 2013
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Monaco（摩纳哥）
Average housing price: US$5,408/square foot
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A sculpture in front of a number of Monte Carlo villas, Monaco, on May 30, 2008. [icpress.cn] |
Monaco is a sovereign city state, located on the French Riviera in Western Europe. It has an area of only 1.95 square kilometers and a population of 36,371, making the country the second smallest and the most densely populated in the world. Its beautiful scenery and lavish entertainment facilities have attracted a large number of moneyed people, making it the most expensive residential location in the world.
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