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How Much $1 Million Buys in Prime Real Estate in 20 Major Cities (2025)
1. Monaco, Monaco – Mysterious Luxury in a Tiny Space
For just $1 million, buyers can acquire approximately 205 square feet of prime Monaco property. Known for its exclusive lifestyle and high-profile residents, this tiny yet lavish space underscores Monaco’s status as one of the world’s most expensive real estate markets.
2. Hong Kong, Hong Kong – Compact and Coveted
In Hong Kong, $1 million fetches about 237 square feet of prime real estate. The city’s limited land availability and robust demand keep prices soaring, making every square foot precious.
3. Singapore, Singapore – A Blend of Space and Luxury
Buyers in Singapore can expect around 344 square feet with a million dollars. This city-state’s bustling economy and strategic location continue to fuel high property prices, especially in sought-after districts.
4. Geneva, Switzerland – Elegant and Exclusive
In Geneva, $1 million secures 355 square feet of high-end property. The Swiss city’s luxury real estate is characterized by its scenic beauty, privacy, and stability — all highly valued by wealthy buyers worldwide.
5. London, United Kingdom – Historic Charm Meets Modern Luxury
London’s premium real estate market offers approximately 366 square feet for $1 million. Exceptional properties in key districts provide a combination of historic charm and modern amenities, but space is at a premium.
6. New York City, United States – The Heart of the Financial World
In NYC, $1 million covers about 366 square feet. Neighborhoods like Manhattan’s prime areas continue to attract affluent buyers, where space and prestige come at a high cost.
7. Los Angeles, United States – The City of Stars and Style
LA offers a slightly larger 398 square feet for $1 million. The city’s luxury condos and estates highlight California’s attractive lifestyle and booming entertainment industry.
8. Paris, France – The City of Light’s Elite Properties
In Paris, $1 million grants access to 452 square feet of prime property. The city’s historic neighborhoods and cultural allure ensure that space remains limited and valuable.
9. Shanghai, China – Economic Powerhouse on a Budget
Shanghai offers 474 square feet for a million dollars, reflecting China’s rapid urban development and high demand for luxury apartments in the city’s vibrant districts.
10. Vienna, Austria – Elegant European Living
Vienna provides around 484 square feet of prime property for $1 million. Austria’s capital offers a blend of classical charm and modern comforts, attracting affluent Europeans.
11. Sydney, Australia – Coastal Luxury at Its Best
In Sydney, the same budget fetches 484 square feet in premium neighborhoods. The city’s stunning coastline and vibrant culture continue to drive real estate prices upward.
12. Milan, Italy – Style and Sophistication in Italy’s Fashion Capital
For $1 million, buyers can secure about 560 square feet in Milan. Known for fashion, design, and luxury, Milan offers a better-sized property with prime location advantages.
13. Miami, United States – Spacious Living Near the Beach
Miami stands out with 624 square feet of high-end real estate for $1 million. Its climate, lifestyle, and growing demand make it a hotspot for upscale living.
14. Tokyo, Japan – A Dense Urban Wonderland
In Tokyo, $1 million buys roughly 624 square feet. The city’s efficient use of space and high density mean luxury options are compact but luxurious.
15. Berlin, Germany – Expanding the Space Spectrum
Berlin offers 743 square feet for the same budget. The German capital is becoming increasingly attractive for investors seeking affordability minus compromising on luxury.
16. Dubai, United Arab Emirates – The Desert Mirage of Size
Dubai’s luxury real estate scene provides 840 square feet for $1 million. Its futuristic skyline and expansive properties appeal to international buyers seeking space and grandeur.
17. Melbourne, Australia – Growing and Spacious
Melbourne offers 936 square feet in prime areas for this budget. The city’s vibrant culture and quality of life continue to make it a desirable destination.
18. Madrid, Spain – Historic Elegance and Modern Comfort
Madrid’s high-end properties offer approximately 958 square feet for $1 million, blending Spain’s rich history with contemporary living.
19. Lisbon, Portugal – Expanding Horizons
In Lisbon, $1 million can secure roughly 990 square feet of prime property, reflecting the city’s rising status as a European hub for lifestyle and investment.
20. Mumbai, India – The Largest Space for the Price
Mumbai offers the most bang for your buck, with 1,066 square feet of luxury real estate available for $1 million. The city’s booming economy and rapidly developing infrastructure make it an emerging hotspot.
This list illustrates how prime real estate varies widely around the world—where space is tight and prices are high, or where the same budget grants a surprisingly large living area. As global markets continue to evolve, these figures serve as a snapshot of luxury real estate in 2025, demonstrating that location truly is everything in the world of high-end properties.