Monaco and London top the list as Europe’s most expensive cities for those in the market for residential property, according to a survey conducted by The Global Property Guide, a residential real estate research organization.
Space is at a premium in the tiny principality on the Riviera, and it’ll set you back about €24,900 per sq/m, or just under €3 million for a 120 sq/m sized apartment. (Americans: multiply that by 1.295401.) By comparison, locations described as ‘prime’ in the British capital are a bargain at just €14,522 sq/m, or €1.74 million for the same sized flat.
Paris, Amsterdam and Vaduz are next on the list, with Moscow sitting in the No. 6 spot, with the going rate of €6,266 per sq/m.
The survey notes how quickly prices have soared in the Baltic states, where a high-end flat in central Vilnius, Lithuania comes in at €3,792 per sq/m (€455,000 for 120 sq/m), while the rate in Riga, Latvia is €3,020 per sq/m, or €362,400 for a similar sized pad.
Here in Ljubljana? It’s No. 26 on the list, weighing in at 2,467 sq/m, or just under €300,000 for a 120 sq/m place, just behind Lisbon, but more expensive on average than flats in Istanbul, Tallinn, Prague, Brussels, Athens and Warsaw.
Grandma’s house in the hills is sounding better and better all the time.