10 most expensive cities in the world to buy luxury properties
Knight Frank's 2017 Prime Global Citizen Index report lists the most expensive cities to buy luxury properties from 41 global cities. It also takes you through the rate of increase in prices in a 3-month, 6-month, and 12-month period. The Prime Global Citizen Index saw a growth of 4.4% in the year-ended June 2017. Mumbai is at number 24 position on the list, with luxury property prices growing at the rate of 0.8% in year-ended June 2
Curated By: Sriparna Samajdar
The numero uno on the list of most expensive cities to buy luxury properties is Guangzhou. This Southern China city saw the price of its luxury properties grow at the rate of 35.6%.
However, despite luxury property prices growing the most amongst the documented cities, there has, in fact, been a decline in annual growth compared to the rate seen in the last quarter.
