by Nick Marr 
When it comes to real estate, $1 million can open doors to various luxurious properties, depending on the location. From cozy urban flats to sprawling suburban homes, here’s an exploration of what a million dollars can buy in ten prime markets globally.
1. New York, USA
In Manhattan, $1 million can secure a two-bedroom apartment in the historic Sutton Place neighbourhood. This 111-square-meter residence offers amenities such as a gym and a 24-hour doorman, combining historic charm with modern convenience
2. Miami, USA
In Miami, $1 million can get you a luxurious three-bedroom apartment with stunning views over Biscayne Bay, the Port of Miami, and Miami Beach. With 132 square meters of living space, this property offers more room compared to its New York counterpart, highlighting the diverse real estate landscapes within the United States (FT Property Listings) (Christie’s Real Estate).
3. London, UK
In London, $1 million buys a cozy yet chic one-bedroom flat in the prestigious Chelsea area. Covering around 41 square meters, this property is perfect for those wanting to immerse themselves in the vibrant life of one of the world’s most dynamic cities (
4. Paris, France
In the romantic city of Paris, a $1 million investment can secure a one-bedroom apartment in the fashionable Marais district. Located in an 18th-century building, this 46-square-meter apartment offers proximity to iconic landmarks such as the Picasso Museum
5. Madrid, Spain
Madrid offers a different proposition, with $1 million buying a spacious three-bedroom apartment in the Prosperidad neighborhood. This 137-square-meter property includes a terrace with panoramic views over the Spanish capital, illustrating the city’s mix of historical charm and modern living (FT Property Listings).
6. Singapore
Singapore’s booming real estate market means $1 million will buy you a 52-square-meter one-bedroom apartment in the River Valley area. The high-rise building includes amenities like a communal swimming pool, emphasizing the city-state’s luxury urban lifestyle (PropertyGuru).
7. Tokyo, Japan
In Tokyo, you can invest in a two-bedroom condo in the bustling Shinjuku ward. For $1 million, you get 64 square meters of living space plus an 11-square-meter balcony, offering a comfortable home in one of the world’s busiest cities
8. Dubai, UAE
On the iconic Palm Jumeirah island in Dubai, $1 million buys a recently renovated two-bedroom apartment with a balcony. Covering 165 square meters, this property offers a luxurious lifestyle with incredible views and access to high-end amenities (Christie’s Real Estate).
9. São Paulo, Brazil
In São Paulo, $1 million stretches further, securing a luxurious duplex apartment in the upscale Jardins area. This 390-square-meter property includes two bedrooms and ample living space, showcasing the value for money in Brazil’s financial hub
10. Cape Town, South Africa
Cape Town offers one of the best values, with $1 million buying a five-bedroom home in the suburb of Constantia. This 750-square-meter residence includes a cinema room, providing a lavish lifestyle at a relatively low cost compared to other global cities (
The purchasing power of $1 million varies significantly across different global real estate markets. While cities like New York and London offer smaller, centrally-located apartments, places like São Paulo and Cape Town provide much more spacious homes for the same investment. Whether you’re looking for a cozy flat in a bustling city or a sprawling estate in a quieter locale, $1 million can open the doors to a diverse range of luxurious living options around the world.
For more detailed listings and property insights, visit HomesGoFast, Christie’s International Real Estate, and FT Property Listings.
