We are familiar with Hungarian real estate prices, but what about other countries? In this article, we’ve gathered the cities where apartment prices skyrocket, showing how deep the entrepreneurially spirited investors must dig into their pockets to acquire properties in these areas.
1. Hong Kong, China
In Hong Kong, apartment prices are among the highest in the world. Hold on, the price per square meter in the downtown area is around 22.3 million forints (approximately 73,000 USD).
2. New York City, United States
In New York City, apartments in Manhattan are particularly expensive, with downtown areas asking about 11.5 million forints (approximately 37,700 USD) per square meter for a home.
3. San Francisco, United States
San Francisco is one of the most expensive cities in the United States, where apartment prices are high due to technology companies and wealthy residents. In the downtown area, properties are sold for around 8.6 million forints (approximately 28,200 USD) per square meter.
4. London, United Kingdom
In London, downtown and surrounding districts can have extremely high apartment prices, with properties going for around 6 million forints (approximately 19,700 USD) per square meter.
5. Tokyo, Japan
Tokyo can proudly join the line when it comes to apartment prices, as properties in central districts can reach around 5.7 million forints (approximately 18,700 USD) per square meter.
These are just a few examples of the world’s cities with the most expensive apartment prices, but it’s important to note that specific prices greatly depend on the district, the location of the apartment, its condition, and other factors.