World's 10 Most Expensive Streets

You may have heard lots of information about richest people in the world or most expensive houses or most expensive cars, but where do these richest live, where are their sweet homes located or while coming out their car park, which streets do they drive through, Yes, here is the list of Most Expensive Streets in the world conducted by Wealth-Bulletin:

 

1- Avenue Princess Grace, Monaco

$190,000 per sq/m

Named after the iconic Hollywood star Grace Kelly, who was married to Rainier III, Prince of Monaco, the palmed-lined Avenue Princess Grace is the world’s most expensive street.

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Currently, a 213 square metre four-bedroom apartment is on the market priced at $41m – or a staggering 190,000 per square metre.

 

2- Severn Road, Hong Kong

$121,000 sq/m

Hong Kong’s Severn Road is located in the city’s most exclusive district, The Peak, at the top of Hong Kong Island. Residential property on Severn Road, named after a British colonial administrator, commands some of the most spectacular urban views in the world, overlooking the city’s skyscrapers and across Hong Kong harbour to Kowloon.

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A billionaire mainland Chinese businessman recently bought a 312 sq/m apartment on Severn road for $38m.

 

3- Fifth Avenue, New York City, USA

$80,000 per sq/m

Fifth Avenue, New York City, has the most iconic status of all the streets on the list.

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Some apartments are likely to sell for as much as $60m at exclusive addresses like Plaza Apartments, linked to the famous Plaza Hotel, and 834 Fifth Avenue, where the press baron Rupert Murdoch bought an apartment for $44m in 2005.

 

4- Kensington Palace Gardens, London, UK

$77,000 per sq/m

 

The rich in London might be feeling the cold breeze of the credit crunch and faltering property prices, but the super rich in the capital are still paying out-of-this world prices for the most expensive houses in town.

It’s estimated that you would need around $200m to buy one of the smartest Victorian mansions on KPG, as estate agents call it. Estate agents believe the 5,100 square metre virtual stately home in central London would go for at least £200m ($396m) in the current market.

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Lakshmi Mittal, the billionaire steel magnate, owns two houses on KPG which the Russian and Israeli embassies are at either end of the street. He bought his first house there and paid £57m for the 18 bedroom mansion.

 

5- Avenue Montaigne, Paris, France

$54,000 per sq/m

Avenue Montaigne, in Paris’ 8th arrondisement and near the Champs-Elysees has some of the most exclusive shops in the city.

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It makes up “The Golden Triangle” with the Avenue Champs-Elysees in the east and Avenue Georges V in the west.

 

6- Ostozhenka, Moscow, Russia

$40,000 per sq/m

Many of Russia’s rapidly growing number of billionaires have apartments on the Ostozhenka street known as the Golden Mile, which runs along the Moscow River.

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Apartments overlook famous Moscow landmarks like the Kremlin and the Cathedral of Christ the Saviour.

 

7- Via Suvretta, St Moritz, Switzerland

$38,000 per sq/m

The winding Via Suvretta in the ski resort of St Mortiz is the most expensive street in Switzerland.

 

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Many prominent billionaires have holiday homes on the Via Suvretta, including Lakshmi Mittal and the Italian Prime Minister Silvio Berlusconi. Other residents include Luca Bassani owner of Wally Yachts, which makes some of the most expensive super yachts in the world.

 

8- Carolwood Drive, Los Angeles, USA

$30,000 per sq/m 

Carolwood Drive in Beverly Hills has some of the most sumptuous residential properties in America, including Fleur de Lys, a 45,000 square metre mansion modeled after Versailles and is currently on the market for $125m.

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Fleur de Lys, owned by Suzanne Saperstein, the former wife of billionaire David Saperstein, has a ballroom with ceiling frescoes, a pool house with kitchen, massage room and gym, a three-bedroom manager’s house, staff quarters for 10, a nine-car garage, and a jogging track.

 

9- Wolseley Road, Sydney, Australia

$28,000 per sq/m

Wolseley Road in Point Piper has enjoyed a long-standing reputation for being the country’s ultimate address. Properties on the road have some of the best harbour views of any city in the world, with stunning scenery across to the famous Sydney Harbour Bridge and the Opera House.

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Craig-y-Mor is a non-waterfront house on Wolseley Road. Australia’s most expensive residential property, sold in 2008 for $32.4m

And Surprisingly:

 

10 -Altamount Road, Mumbai, India

$25,000 per sq/m

The tree-lined street in the south of the city has always been a popular choice for homes of India’s very rich.

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The street was catapulted into the ranks of the world’s most expensive when India’s wealthiest individual Mukesh Ambani unveiled plans last year to build a residential apartment block on the street at a cost of around $1bn. The extraordinary 27 floor building, called Antilia, will be as high as a normal 60 floor skyscraper, have elevated gardens and three helicopter pads.

 

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