Prices of real estate in the world

According to Knight Frank, the average price of real estate in the world following:
1. London (UK) - 36825 € / m2 (change over year +30.8%)
2. Courchevel (France) - 35.000 € / m2 (+5.0%)
3. Monaco - 32.500 € / m2 (+25.0%)
4. Paris (France) - 15.500 € / m2 (+10.4%)
5. Moscow (Russia) - 13.250 € / m2 (+35.0%)
… 11. Mallorca (Spain) - 6.325 € / m2 (0.0%)
… 15. New Zealand - 4.300 € / m2 (+12.0%)
16. Cyprus - 4.250 € / m2 (+12.0%)
17. Silver Coast (Portugal) - 4.150 € / m2 (+5.5%)
… 19. Croatia - 2.555 € / m2 (+10.0%)
… 22. Black Sea, Bulgaria - 1.350 € / m2 (+22.0%)

Initially, we thought, where they have such prices?
We decided to analyze the real estate market themselves in Europe to see the prices of these flats.
In Paris you can buy 2 - room apartment for 400-500 thousand euros (about 6-10 thousand € / m2). In the luxury property specified price may exceed € 15500 / m2.
In Moscow, in fact, prices of apartments located next to the subway and not on the outskirts of the city, rose to 5000-7000 € / m2. Prices of real estate luxury exceed € 10000 / m2.
At the same time, if we look at the prices of real estate in Bulgaria on the Black Sea coast, the average price probably will be about 1000 € / m2. Apartments for the first coastline and luxury real estate 1500-2500 will cost € / m2.
Therefore, the company recorded Knight Frank has a lot of inaccuracies. Logically, that they did an analysis of luxury property, but in this case, a number of brochures inflated, a number underestimated.
But you will notice that the price of real estate on the shores of the sea are very different. If Knight Frank operate figures, in 1350 Bulgaria is € / m2, in Portugal - 4150 € / m2, Cyprus - 4250 € / m2, in Spain - 6325 € / m2.

In the record company Knight Frank missing USA. Apparently, the company believes that the real estate market is the United States is going through difficult times. Of course, luxury real estate market has suffered least from the mortgage crisis, because for the most secured population crisis struck not so much.

We continue to explore the real estate market in Bulgaria, to be exact Sofia real estate market. We turn now to 2 - room flat (or apartments with one bedroom).
Let’s start with the new.
One bedroom apartment in the quarter Mladost 1 (in the September quarter two apartments in Mladost 1 sold at the price of 900 euros per square metre): 75 squares, a large balcony, good planning. Price? 88700 euros. Wow. Nearly 1200 per square meter.
Apartment in the Lyulin-2. 111 squares. Not bad? Lyulin-2 - less prestigious area. The average apartment sold at the rate of 620-650 per square meter. How much is worth our apartment in Sofia? 72000 euros, or 650 euros per square metre. Additionally, you can buy a garage for 7000
euro. Total, nearly 80000 euros for a spacious apartment in Sofia 1-bedroom apartment
with garage, to be built by March 2008. 80000 euros.
Further, the Vitosha quarter. At flats in the secondary market at a price Vitoshe left 850-1000 euros per square metre. Flats in housing construction will cost 1100-1500 euros per square meter. 1500 - this luxurious complex closed type Mount View Sofia (closed area, swimming pool, spa centre, sauna, shopping).
On the secondary market, two apartments left at the price of 550 euros per square meter (quarter Moderno Predgradie) up to 2600 euros (Oborische quarter). We specifically decided to see what there is now in the quarter Oborische (it is the centre of Sofia). New (building construction) - two flats 157 thousand euros - 178 thousand euros. 2400 euros per square meter, but the good apartments: decoration, and furniture design.
But in Moderno Predgradie we found three-room apartment (House 1995) for 60000 euros. Here it is the difference between Moderno and Oborische Predgradie.