Which is the Most Expensive Real Estate in the World?

The world’s most expensive real estate reflects prestige and class. Situated in Hong Kong, this classic-style mansion exudes sophistication and luxury.

Citadel founder Ken Griffin purchased two units at 220 Central Park South last year.

1. Buckingham Palace

Buckingham Palace stands out among royal residences as an impressive and timeless example of British grandeur, boasting 775 rooms for royalty and guests. There are 52 Royal and guest bedrooms, 19 Staterooms, 92 offices, 188 staff bedrooms, and 78 bathrooms; additionally, the grounds encompass over 40 acres and include swimming pools, cinemas, post offices, and doctor’s surgeries – among many other amenities.

Buckingham Palace stands on land that was part of Ebury Manor since medieval times, becoming subject to much property speculation since medieval times. Subsequently, it was used as the residence for several Sovereigns until John Sheffield (later Duke of Buckingham) took possession in the early 1700s. At that point, he decided to construct a three-story central block house featuring two service wings designed by architect William Winde. This act eventually led to the construction’s beginning.

George IV found costs spiraling out of control, so he dismissed architect Nash and appointed Edward Blore, who altered some of the former architect’s designs to meet his more modest taste.

Buckingham Palace may boast luxurious public rooms filled with sparkling candelabra, marble columns, sumptuous damask wallpaper, fine furniture, and sculpture, yet it remains a family home. Prince Charles and Princess Andrew were born here, and numerous royal christenings and weddings (such as this year’s Duke and Duchess of Cambridge nuptials) took place here (including this year’s Duchess and Duchess of Cambridge nuptials). Queen Victoria spent most of her later years here until she died in 1901.

2. Fairfield Mansion

An expanse of Connecticut waterfront in Fairfield is home to one of the country’s most luxurious estates: Sasco Point or, in some circles, Riegel Point – this massive estate features a grand main house with six to seven outbuildings (depending on who you ask), pool, tennis court, and boathouse – not forgetting an expansive main lawn for recreation!

Elisha Morgan Mansion was constructed in Flemish bond brick style by Elisha Morgan in 1817 and has since been carefully maintained. Some notable interior features of the property include its original Federal details like fluted columns and trim and its covered carriage entryway, grand staircase, and wood-burning fireplace mantels.

This estate features only two residential libraries designed by Gustav Stickley and houses an extensive collection of paintings, sculptures, and hunting trophies from Gustav himself. Additionally, there is a wine cellar on-site and an expansive greenhouse.

Though one of the largest single-family homes in America, this estate does not rank among the top 10 for price per square foot (it ranked 107). Furthermore, according to CNBC, property taxes were nearly $600k annually, yet its owners weren’t living there anymore; instead, they were forced to auction it off due to nonpayment of taxes in 2021.

3. Taj Mittal

If you’re in the market for a $1-billion mansion, you have numerous options. Not only will these palatial homes give you a taste of luxury and privacy, and security – here are a few of the world’s most expensive properties:

Lakshmi Mittal owns 18-19 Kensington Gardens on London’s exclusive Billionaire’s Row and calls his palatial home “Taj Mittal.” Originally built as two semidetached “Palazzo” villas in 1845, and united after years of restoration work by Mittal after several restoration projects were completed. Inside you’ll find floors and pillars made from marble from the same quarry used to construct the Taj Mahal!

Mittal purchased this property from Formula 1 boss Bernie Ecclestone for an initial PS57 million in 2004; since then, its value has tripled. Now spread across an area of about 1,670 square meters, this sprawling home features stunning amenities – such as its vast swimming pool, basement art gallery, parking space for 20 cars, and classic European interior decor featuring antique pieces as well as a hairdressing salon and spa services – not to mention being carbon negative!

4. Palazzo di Amore

Palazzo di Amore offers an unforgettable luxury living experience. Situated in Beverly Hills and spread across 50,000 square feet with 12 bedrooms and 20.5 bathrooms, this estate exudes sophistication while paying attention to every detail.

This property boasts a triple-gated entry and a mile-long private drive leading to a fantastic marble foyer with double staircases. A magnificent fountain welcomes guests into this magnificent entryway that sets the tone for the rest of the home. Once inside, this captivating Mediterranean villa will capture your heart and imagination with its high-tech finishes and spectacular city views.

Jeff Greene purchased this home as a fixer-upper for $35 million in 2007. He spent eight years expanding it, turning it into one of America’s most expensive properties and an icon among Beverly Hills homes.

The sprawling property overlooks Los Angeles and boasts its vineyard. Luxurious amenities include a 15,000-square-foot entertainment complex featuring a nightclub, revolving dance floor and DJ booth, bowling alley, and tennis court – with enough capacity to seat 250 for movie screenings or live shows.