Monte Carlo is No 1 in the Global Property Guide’s list of Worlds Most Expensive Residential Real Estate Markets 2009, more than twice as expensive, at US$45, 000 per square metre, as the runner up.
Battling for the number 2 position are prime central Moscow and London. Prime central Moscow’s US$20,853 per square metre price tag slightly outpaces core Prime London’s US$20,756 per square metre, though it is fairer to say the two cities are neck-and-neck.
London residential property prices have fallen for much of 2008, while Moscow property price declines only started in the last quarter, allowing Moscow to catch up with London. Both countries have experienced strong currency declines.
More : home.nestor.minsk.by
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