Europe travel guide

Monaco tops prestige address list

The Dow Jones publication, Wealth Bulletin has listed the top ten most expensive streets in the world based on per square metre price. Top of the list was Avenue Princess Grace in Monaco.

Named after Grace Kelly, the avenue overlooks the bay and the mega-yachts which make up the famed seascape of Monaco. Properties on Avenue Princess Grace rarely appear in the local property classifieds but if a property does become available, you can expect to pay up to US$41 million – the Bulletin reckons this works out to be US$190,000 per square metre, give or take the odd thousand dollars.

For those that want a smart address, but reckon that Avenue Princess Grace is a little pricey, here´s the Bulletin's Top 10 list:

1.Avenue Princess Grace, Monaco. US$190,000 per sqm.
2.Severn Road, Hong Kong. US$121,000 sqm.
3.Fifth Avenue, New York City. US$80,000 per sqm.
4.Kensington Palace Gardens, London. US$77,000 per sqm.
5.Avenue Montaigne, Paris. US$54,000 per sqm.
6.Ostozhenka, Moscow. US$40,000 per sqm.
7.Via Suvretta, St Moritz. US$38,000 per sqm.
8.Carolwood Drive, Los Angeles. US$30,000 per sqm.
9.Wolseley Road, Sydney. US$28,000 per sqm.
10.Altamount Road, Mumbai. US$$25,000 per sqm.

This article was written for TravelSavvy Europe by Bob Cartwright. If you know of an interesting European travel related news story, please get in contact.