from Statista.com
— this post authored by Martin Armstrong
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?
This infographic, using data from Knight Frank, gives 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 17 square metres. More spacious options would be Tokyo with 91, Melbourne with 110, or a truly roomy 209 in Cape Town.
This infographic shows the number of square metres of prime property 1 million US dollars will buy you in selected cities around the world.
You will find more statistics at Statista.