A report recently released by Savills ranks the top 36 most popular resort and second home locations around the world.
Among the surprises: Apartments in Warsaw, Poland are selling for higher prices than Dubai. Manhattan and Paris are running neck in neck, but Moscow makes them both look cheap. Little wonder that the Russians are on an international buying spree, with Hong Kong residents close behind them.
City/Location
Price €/sqm (€1 is approximately $1.20 USD)
- Marrakech, Morocco 1,425
- Egypt, Cairo 1,460
- Oman, Muscat 1,881
- Vietnam, Hanoi 2,190
- Seychelles, Mahé 2,462
- St Lucia 2,624
- US, Sarasota, FL 2,779
- St Nevis 2,902
- Portugal, Algarve 3,000
- Spain, Sotogrande 3,000
- UAE, Dubai 3,366
- Montenegro, Budva 3,650
- Vietnam, Ho Chi Minh City 3,833
- Austria, Zell am See 4,000
- Turkey, Istanbul 4,380
- Croatia, Dubrovnik 4,500
- Poland, Warsaw 4,563
- Portugal, Lisbon 5,000
- France, Nice 6,000
- South Africa, Cape Town 6,125
- New Zealand, Auckland 7,013
- Switzerland, Geneva 7,740
- Spain, Majorca 8,000
- Italy, Sardinia (Costa Smeralda) 9,000
- Italy, Milan 10,000
- Singapore 10,218
- China, Shanghai 10,829
- US, Manhattan, NYC 10,950
- France, Paris 11,500
- Australia, Sydney 12,940
- Hong Kong 14,539
- Russia, Moscow 18,250
- France, Courchevel 20,000
- UK, London 20,141
- France, Cannes (Croisette) 25,000
- Monaco 50,000
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