May 4, 2016 / Market Insights

Relative Values: What $5 Million Buys Around the World

From global cities to resort destinations, discover the diverse range of residential property offerings available for $5 million

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Similar to the starting price for luxury, the property offerings and their respective square footage at a particular price point vary significantly from market to market. In the most highly sought-after global cities, homebuyers with $5 million to spend can choose from luxury 1,000- to 3,000-square-foot apartments in the heart of the city or 3,000-plus-square-foot townhouses in the suburbs. In second-home resort markets around the world, homebuyers with a $5 million investment have considerably more leverage when it comes to square footage, with properties ranging from 5,000- to 15,000-square-foot villas near the beach or landed estates in the countryside. 

See what $5 million buys around the world in our infographic (click to enlarge):

What $5 Million Buys Around the World

View the international real estate offerings in the $5 million price range, below:

Properties between 1,000 and 3,000 sq. ft.

Monaco<b>3 Bedrooms, 1,399 sq. ft.</b><br/>Exquisite three-room flat on Place des Moulins

Hong Kong<b>3 Bedrooms, 1,646 sq. ft.</b><br/>High-rise apartment with central business district (CBD) views

London, England<b>3 Bedrooms, 1,730 sq. ft.</b><br/>Three-bedroom maisonette with wonderful outside space

Rio de Janeiro, Brazil<b>3 Bedrooms, 2,185 sq. ft.</b><br/>Apartment with magnificent ocean views

New York, New York<b>3 Bedrooms, 2,815 sq. ft.</b><br/>Grand and lofty three-bedroom apartment with chef’s kitchen

Properties between 3,000 and 4,999 sq. ft.

Paris, France<b>4 Bedrooms, 3,299 sq. ft.</b><br/>Exceptional 4-bedroom apartment in the capital’s Golden Triangle, with Eiffel Tower views

 Côte d'Azur, France<b>4 Bedrooms, 3,229 sq. ft.</b><br/>Modern villa with terrace and panoramic sea views

Warwick Parish, Bermuda<b>4 Bedrooms, 3,400 sq. ft.</b><br/>Elegant four-bedroom home with pool

Porto, Portugal<b>5 Bedrooms, 15,466 sq. ft.</b><br/>Five-bedroom restored private home near the sea

Charleston, South Carolina<b>4 Bedrooms, 4,239 sq. ft.</b><br/>The Thomas Rose House was constructed circa 1735

St. James, Barbados <b>4 Bedrooms, 4,300 sq. ft.</b><br/>Caribbean retreat with breathtaking ocean views

New Canaan, Connecticut <b>5 Bedrooms, 4,803 sq. ft.</b><br/>Charming farm estate on 2.6 acre

La Quinta, California<b>3 Bedrooms, 5,266 sq. ft.</b><br/>Home with French doors and open floor plan

Properties between 5,000 and 6,000 sq. ft.

Miami, Florida<b>5 Bedrooms, 5,349 sq. ft.</b><br/>Modern waterfront villa at Aqua Allison Island

Middletown, New Jersey<b>6 Bedrooms, 5,844 sq. ft.</b><br/>Custom estate with pond and stone wine cellar

Properties between 6,001 and 7,999 sq. ft.

Austin, Texas<b>5 Bedrooms, 6,177 sq. ft.</b><br/>Lake Austin waterfront home in a gated neighborhood

São Paolo, Brazil<b>5 Bedrooms, 6,458 sq. ft.</b><br/>Baleia Beach home with private deck and breathtaking views

Lisbon, Portugal<b>10 Bedrooms, 7,330 sq. ft.</b><br/>Exclusive property located in one of the most prestigious residential areas of Lisbon

Canary Islands, Spain<b>7 Bedrooms, 7,373 sq. ft.</b><br/>Costa Adeje Golf course property with beautiful gardens

Properties between 8,000 and 9,000 sq. ft.

Sarasota, Florida<b>5 Bedrooms, 8,031 sq. ft.</b><br/>Waterfront home with western water and sunset views

Djurshol, Sweden<b>14 Bedrooms, 8,772 sq. ft.</b><br/>Magnificent villa with seaviews over the Bay of Sveaviken

Properties over 9,000 sq. ft.

West Linn, Oregon<b>5 Bedrooms, 10,122 sq. ft.</b><br/>Majestic gated riverfront estate

Hinsdale, Illinois<b>5 Bedrooms, 10,930 sq. ft.</b><br/>Custom French country stone estate on private acre lot

Maldonado, Uruguay<b>5 Bedrooms, 11,840 sq. ft.</b><br/>Spectacular estancia near the beach

Punta Cana, Dominican Republic<b>5 Bedrooms, 14,897 sq. ft.</b><br/>Jack Nicklaus Signature Golf Front Villa and Ocean Views

Cartagena, Colombia<b>12 Bedrooms, 16,522 sq. ft.</b><br/>18th-century house with renovated contemporary interiors

Monterrey, Mexico<b>4 Bedrooms, 22,066 sq. ft.</b><br/>Four-bedroom residence with high ceilings and lush gardens

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Topics

  • Relative Values
  • 'Luxury Defined' Global Report
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