10 Most Expensive Cities to Buy Property

4) Paris, France

Average Price: $18,066 per square meter

Paris, the capital city of France is an expensive location to buy property. The real estate market here continues to flourish because of stable economic growth. The city is observing healthy real estate movement and is offering an average price of $18,066 per square meter. Moreover, the tax charge on rental income is low for foreign nationals. If the rental income of foreign nationals is nearly $1989 per month, they have to pay 10 percent of their gross rental income. With friendly property laws and more number of luxury apartments and mansions, Paris becomes one of the most attractive cities to buy property.

5) Singapore

Average Price: $ 16,727 per square meter

One of the most preferred tourist destinations, Singapore, is also an expensive city to buy property. The city is offering an average price of $16,727 per square meter for luxury property. Moreover, Singapore is known for its high rate of taxes, mainly on rental incomes. And, foreign nationals have to pay an extra 10 percent along with the existing tax structure.