TOP 10 WORLD'S RICHEST STREETS ... ARE YOU IN!?
The Times of London has come up with a new list of the world's 10 richest streets based on property prices. The most expensive street on the globe, unsurprisingly, is in ultra-rich Monaco, Avenue Princesse Grace, to be exact. where average prices run about $17,000 per sq. ft.
In second place is Victoria Peak, on Hong Kong island, it is where China’s rich and powerful have their multi-million-pound digs with views of the harbour. The average price is about $11,000 per sq.ft.
Is your street on the top 10 list!? Or do you know someone lucky enough to live in one of those streets !? The runner up HERE!
No. 3 - Fifth Avenue, New York
With its historic mansions and elegant apartments, the elite reaches of the Upper East Side are still where the rich want to be: the actress Jessica Lange and the singer Diana Ross are residents. “Most buildings here are coops – you own shares and are given a lease - so they are very selective,” says Roger Erickson, senior managing director at Sotheby’s International Realty in the city. “It’s like a small club.” At 857 Fifth Avenue, a three-bedroom, 3,900-sq-ft flat with views over Central Park, is for sale for £10.6m
No. 4 - Kensington Palace Gardens, London
“It is the most sought-after street in London,” says Tim Wright, a partner at Knight Frank’s Kensington office, who has a waiting list of 20 people – mainly from Russia, India and the Middle East – desperate to buy. “It’s owned by the Crown estate, there are security gates at either end, and the houses are large and detached.” The road is home to the world’s wealthiest: four years ago, Lakshmi Mittal, Britain’s richest man, paid £57m for the Formula One supremo Bernie Ecclestone’s 12-bedroom mansion, and set a new record earlier this year when he bought two more on “billionaires’ row”, for £117m and £70m.
No. 5 - Avenue Montaigne, Paris
Catch Kylie shopping on Paris’s fashion boulevard, in the 8th arrondissement, with its haute-couture boutiques and perfumeries. On the Rue du Boccador, just off the street, a two-bed, 1,940-sq-ft flat is for sale for £3.4m
No. 6 - Ostozhenka, Moscow
Prices have risen by 50% in the past year. Many flats, in classically styled buildings, have views of the Kremlin – this is strictly oligarch territory.
No. 7 - Via Suvretta, St, Mortiz, Switzerland
On the winding Via Suvretta, just out of the main town, “only a few properties per year are exchanged”, says Paul Side-bottom, director of Alpine Switzerland, “and even old chalets that need to be rebuilt command prices of up to £40m”. The Italian prime minister, Silvio Ber-lusconi, has a home. Six-bedroom Villa Cuvel d’Aivla, on the Via Marguns, adjoining Via Suvretta, is for sale for £12.3m
No. 8 - Carolwood Drive, Beverly Hills
Stars of the silver screen, including Gregory Peck and Marilyn Monroe, have owned homes here, among some of the most sumptuous mansions in California. At No 350, Fleur de Lys, a 12-bedroom mansion modelled on Versailles, is for sale for £68m
No. 9 - Wolseley Road, Sydney, Australia
Homes on Wolseley Road, on the Point Piper peninsula, have an average price of £5.75m. Earlier this year, Craig-y-Mor, which has views of the Opera House, became Australia’s most expensive residential property when it sold for a reported £17.6m. The three-bed No 97 Wolseley Road, with spectacular harbour views, is for sale for £7.6m
No. 10 - Altamount Road, Mumbai, India
In India’s financial capital, this street, once dotted with colonial-style bungalows, is now defined by skyscrapers. The country’s movers and shakers, including Bollywood stars, live here, and India’s richest man, Mukesh Ambani, is building a £1 billion, 27-floor block. The price per sq ft seems absurd when you think of the millions of people living below the poverty line – but it’s still cheaper than a top-end Hampstead property.





If you wanna buy something at the Piazzetta of Porto Cervo be prepared to pay 19,000euros x square m.
Posted by: Werth | Thursday, 04 September 2008 at 11:52 AM