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Anorak | Capital Gains: London Property Most Expensive in World

Capital Gains: London Property Most Expensive in World

by | 8th, May 2007

buckingham-palace.JPG LISTEN closely and you’ll probably hear the joyous sound of champagne corks popping across London today, as property developers celebrate the news that the nations’ capital now houses the most expensive residential property in the world.

A new report, by estate agency Knight Frank along with Citi Private Bank, reveals that the average cost of central London property is a whopping £2,300 per square foot. This compares to a cheap-as-chips £2,190 in Monaco and a practically

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Posted: 8th, May 2007 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink