A million-dollar home sounds like a major luxury. But $1 million buys something vastly different in cities around the world.
In New York City, for example, where the median home sale price is $1.2 million, a million bucks buys a decent one-bedroom apartment. In Buenos Aires, on the other hand, it buys a four-bedroom pad in a fancy neighborhood.
Our friends at Point2Homes helped us find properties in major cities across the world for around $1 million U.S. They range from small flats to spacious houses.
In Capetown, $981,000 buys a 10,000-square-foot, five-bedroom mountainside home with a bar and private theater.
Price: $981,510 U.S. (10,500,000 R)
In Dubai, $1.09 million gets a two-bedroom apartment with 1,900 square feet and an ocean view.
Price: $1,088,954 (4 million AED)
In Sydney, $1 million buys a 990-square-foot apartment steps away from the Royal Botanic Gardens. Features include high ceilings, a communal roof terrace with harbor views, and a grand entrance foyer.
Price: $1,009,543 ($1,075,000 AUD)
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