Survey Finds London Homes Priciest

London is the world’s most expensive place in which to buy a home, followed by Monaco and St. Jean Cap Ferrat in southern France, an annual global survey by real estate consultant Knight Frank showed.

The average price of a property in the best locations of central London was $6,191 per square foot, according to the firm’s Prime International Residential Index, published Monday. Monaco averaged $5,888 per square foot and, eight kilometers west along the Mediterranean coast, properties in St. Jean Cap Ferrat cost $5,853 per square foot, the London-based firm said.

Comments are closed.