Paris. Floor area per $1 million: 41.7 sq. m.
Paris, the fashion capital of the world and the factual capital of the country of France is currently acknowledged as one of the most expensive city to buy property, as the real estate market continues to thrive with a stable French economy. By the end of first quarter of 2011, apartment prices in Paris significantly raised. With its slew of luxury mansions and apartments, Paris is by far one of the most desirable cities in the world and with rather friendly property laws, is at the moment a prime location for property acquisitions and rentals. Financial experts said that Paris is able to compete with London in terms of attracting foreign investors in the real estate industry.
