Avenue Princess Grace — the most expensive street in the world

That’s Avenue Princess Grace, currently holds the record, and is included in the Guinness Book of Records as the most expensive street in the world for the cost of the real estate it. Typically, real estate rankings take into account exclusively rent retail space. In this competition certainly benefits Fifth Avenue in New York.

At this point, the annual rent per square meter costs a record price of about 17 000 euro per year. In second place is the street Koevey Bay in Hong Kong, where a square meter of retail space rental costs 14 500 euros per year. Third place goes to Tokyo, which is taken from the tenants to remit 8000 euros per year. The famous Tverskaya Street, Moscow occupies only 14th place, here the average for trading real estate rental costs about 3000 euros per year.

But if we take the ratings of the streets with the most expensive residential real estate, the palm takes Avenue Princess Grace in Monaco. The street runs along the Mediterranean coast, and is notable for its pleasant palm alley. The street name appeared in honor of the wife of the ruler of Monaco Rainier III, Grace Kelly. The story of their marriage is incredible, and the first time in the history of the princess became a Hollywood actress.

It is noteworthy that not so long ago on the Avenue Princess Grace took the deal to sell three-bedroom apartment. The apartment with an area of 213 meters was sold whiter than $ 40 million. It turns out that a square meter of the apartment was sold for a record price of 190 000 dollars. Alas, the apartments are sold in this place is very, very rare. There are real estate is very, very rich people support its image due to its prestige.

Selling an apartment is not in a hurry, even billionaires. But in second place in the ranking of most expensive streets in the world, is a street Shemini de Saint-Hospice. This street is located in the French Riviera, in Saint-Jean-Cap-Ferrat. Here square meter costs a little more than 100 000 dollars.