{"id":231049,"date":"2018-03-24T07:00:00","date_gmt":"2018-03-24T05:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=231049"},"modified":"2018-03-23T17:15:51","modified_gmt":"2018-03-23T15:15:51","slug":"what-a-1-million-home-looks-like-in-cape-town-new-york-london-and-paris","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/231049\/what-a-1-million-home-looks-like-in-cape-town-new-york-london-and-paris\/","title":{"rendered":"What a $1 million home looks like in Cape Town, New York, London, and Paris"},"content":{"rendered":"

Cape Town’s property prices continue to rise, with only the Chinese city of Guangzhou rising more over the last year,\u00a0according<\/a> <\/strong>to the latest PIRI Index.<\/p>\n

Property group Knight Frank compiled a brief snapshot of just how many square metres of prime property your money would buy you in the most desirable locations across the globe.<\/p>\n

Cape Town features on the list, and when compared to other top property destinations, Knight Frank pointed out that prime property is relatively cheap in the Mother City, with $1 million (R11.85 million) buying an average of 157 square metres of prime space.<\/p>\n

In contrast, London (at an average of 28 square metres for $1 million), New York (25 square metres), and Paris (46 square metres) are all considered far more expensive options – with number one ranked Monaco only offering an average of 16 square metres of prime property per $1 million.<\/p>\n

BusinessTech looked at homes from the major cities to see just how much $1 million can buy you around the world.<\/p>\n

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2 bedroom apartment for sale in Clifton – R10.5 million<\/a><\/strong> ($891,660)<\/p>\n

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1 bedroom apartment in New York – $980,000<\/a><\/strong><\/p>\n

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3 bedroom apartment in Paris –\u00a0\u20ac820,000<\/a><\/strong> ($1,021,000)<\/p>\n

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1 bedroom apartment in London –\u00a0\u00a3800,000<\/a>\u00a0($1,116,000)<\/strong><\/p>\n

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Read:\u00a0What $1 million buys you in Cape Town, Paris, London, and New York<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

These are the homes you can buy with $1 million around the world.<\/p>\n","protected":false},"author":10,"featured_media":231635,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[26,7585],"class_list":["post-231049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-headline","tag-knight-frank"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/231049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=231049"}],"version-history":[{"count":15,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/231049\/revisions"}],"predecessor-version":[{"id":233577,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/231049\/revisions\/233577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/231635"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=231049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=231049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=231049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}