Opinion › Opinion       29.05.2015

What USD One Million Buys In Property Around The World...Comparing Million-Dollar Homes In Cities Worldwide

A million-dollar-home in a sought-after location is a rare find in many mature real estate markets. But elsewhere in the world, property in this price bracket provides the ultimate in luxury: private pools, breathtaking views and beachfront living.

International property portal Lamudi provides a snapshot of global house prices, with five homes in the emerging markets that will set you back about USD one million or less.

Penthouse in Metro Manila, the Philippines
Price: 44,000,000 Philippine Pesos (~USD 984,350)

This classy 290 square meter condominium is centrally located in the ultra-luxury Essensa East Forbes development in Metro Manila. The semi-furnished lower penthouse unit offers three bedrooms, four bathrooms and sweeping views over the surrounding Makati district thanks to the floor-to-ceiling aluminium and glass windows. There are wooden floorboards, granite kitchen benchtops and high-end finishes throughout, ensuring the ultimate in luxury living in the financial center of the Philippines.

Waterfront apartment in Jeddah, Saudi Arabia

Price: 3.5 million Saudi Riyal (~USD 933,245)

A brand new apartment located in Bay La Sun within the King Abdullah Economic City megaproject could be yours for less than USD 1 million. Measuring 198 square meters, the unit has three bedrooms, four bathrooms, a well-equipped kitchen, staff quarters and sea views. Residents enjoy access to a swimming pool, gym, children’s play area and several great restaurants.

Contemporary villa by the beach in Bali, Indonesia

Price: 13,750,000,000 Indonesian Rupiah (~USD 1.04 million)

This four-bedroom luxury residence is located in sought-after Brawa, within walking distance of the beach and a short drive to Seminyak's shopping and dining district. The property features: spacious open plan living areas, a modern kitchen with quality appliances, two upstairs master suites with walk-in wardrobes and seating areas, two guest bedrooms with ensuites, and a covered outdoor lounge area overlooking the pool and gardens.

Luxury living with mountain views in Marrakesh, Morocco

Price: 9,000,000 Moroccan dirham (~USD 923,370)

Facing the spectacular Atlas Mountains, this single-storey contemporary villa was inspired by traditional Berber design and architecture. The property is built on a 2244 square meter block, landscaped with a wide variety of Moroccan plants. Features include a spacious reception room with fireplace, three large suites each with their own bathroom, a well-equipped kitchen, and a terrace looking over the garden and swimming pool. The property is part of the Domaine Royal Palm estate, which contains a restaurant, clubhouse and fitness center for residents’ use.

Four-bedroom house with gardens in Nairobi, Kenya

Price: 98,000,000 Kenyan shillings (~USD 1.02 million)

Tucked away in the leafy suburb of Runda is this gorgeous four-bedroom, Scandinavian-class house for sale. The house has a spacious kitchen and breakfast area, a living room with great garden views, a master bedroom with ensuite, a large family room, an office, sizeable staff quarters and wood finishings throughout.

Five-bedroom house with swimming pool in Accra, Ghana

Price: 62,320,099 Ghana Cedis (~USD 16 million)

Located in East Legon, this five-bedroom European-classd executive house embodies the traits of a modern day millionaire. Not only does it have two swimming pools, installed air-conditioners and secured within the walls of a gated community, it also features a huge surrounding garden to project Africa’s love for nature. A standby electricity generator is also available to ensure you are always with power supply.

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