WORLDS MOST EXPENSIVE STREETS 2014

Take a peek at the top 10 most expensive streets on the planet

The rich and the famous people on the planet do not prefer to have their abode just anywhere. They seek comfortable locations. Some streets have consistently attracted the rich and famous.

The international wealth intelligence firm Wealth-X evaluated average property prices to find the most expensive streets in the world. Here is a brief overview of the top 10 most expensive streets in the world, according to Wealth-X’s census.

#10 Avenue Montaigne, Paris

(Average price per square meter: $26,000)

Avenue Montaigne is an upscale street in the Champs-Elysees quarter. Many immensely popular fashion brands like Christian Dior and Harry Winston have their outlets here. You will also find Canadian Embassy in this expensive street.

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#9 Fifth Avenue, New York

(Average price per square meter: $28,000)

Many rich and famous people of this world live here. The street is also home to every designer boutique imaginable. Here you will find world famous landmarks like Empire Estate Building and the Rockefeller Center.

#8 Ostozhenka, Moscow

(Average price per square meter: $29,000)

Located in downtown Moscow, this street is at the center of Russian history and luxury living. Russian oligarch Alisher Usmanov lives here. Once, a five-level apartment (in this street) sold for $48 million.

#7 Romazzino Hill, Sardinia

(Average price per square meter: $32,000)

Many billionaires have lived in this street and its surroundings since 1960s. Members of the royal family of Qatar and Saudi Arabian politician Ahmed Zaki Yamani live here. Italian industrialist Carlo de Benedetti sold his villa Rocky Ram for $148 million in 2012.

#6 Chemin de Ruth, Geneva

(Average price per square meter: $37,000)

Many mansions in this street have landscaped gardens, swimming pools and stunning views of the nearby Lake Geneva and UN buildings. Former French tennis player Henri Leconte and members of the Peugeot family live here. Five properties in this street sold for more than $13 million between 2008 and 2010.

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#5 Paterson Hill, Singapore

(Average price per square meter: $42,500)

This expensive street is well-known for its Michelin-starred restaurants and designer stores. Marq is the most expensive apartment building on this glitzy street. Former Miss Singapore Rachel Kum and Facebook co-founder Eduardo Saverin live here. This calm residential cul-de-sac is located close to the Orchard Road shopping belt.

#4 Boulevard du General de Gaulle, Cap Ferrat, France

(Average price per square meter: $79,000)

Boulevard du General de Gaulle is the most expensive non-urban location. You will find many sprawling beachfront villas here. The legendary Charlie Chaplin lived here. Brad Pitt and Angelina Jolie live here.

#3 Avenue Princesse Grace, Monaco

(Average price per square meter: $86,000)

This street runs along the waterfront. Celebrities like Roger Moore, Lewis Hamilton and Andrea Bocelli live here.

#2 Kensington Palace Gardens, London

(Average price per square meter: $107,000)

Many embassies are located in this quiet tree-lined street. It is known as London’s billionaire’s row. Lakshmi Mittal, the Duke and Duchess of Cambridge (and Prince George) and many other rich people live here. French, Russian and Japanese embassies are located here.

#1 Pollock’s Path, The Peak, Hong Kong

(Average price per square meter: $120,000)

This street has housed the rich and famous of Hong Kong for many years. Located on the top of a mountain, this street boasts of stunning views of the skyline and the harbor. Many HSBC executives and actor Stephen Chow live here. An apartment at the Sky High complex (10-18 Pollock’s Path) sold for $103 million in 2011.

(Source: richestlifestyle.com)

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