Have you ever wondered about what $1 million buys in real estate worldwide? Ask yourself this, If you had $1 million to invest in real estate, what could you buy around the world? Depending on the location you choose, $1 million can get you a lot of wealth. These include a spacious penthouse in a developing country, a cozy apartment in a prime city, or even an expansive estate in a rural paradise. My guide will take you on a global real estate tour. I will show you exactly what your money can buy in different regions which include the United States, Europe, Asia, Africa, and more.
What $1 Million Buys in the United States
In the U.S., real estate prices vary dramatically by location, and here’s what you should expect:
- New York City, NY – In Manhattan, $1 million will buy you a small one-bedroom condo (700–900 sq ft) in a desirable area like Chelsea or New York’s Upper West Side.
- Los Angeles, CA – You should Expect a two-bedroom condo (1,200 sq ft) in a luxury high-rise or a small single-family home in suburban areas like Pasadena or Studio City.
- Miami, FL – Here, $1M can get you a 2- to 3-bedroom condo (1,500+ sq ft) with ocean views in Brickell or Miami Beach.
- Austin, TX – With $1M, you can afford a spacious modern home (3,000+ sq ft) with a pool in one of Austin’s trendiest neighborhoods.
What $1 Million Buys in Europe
European cities are known for their rich history and varying real estate values:
- London, UK – In central London, $1M gets you a one-bedroom flat (600 sq ft) in areas like Notting Hill or South Kensington.
- Paris, France – You’ll find a two-bedroom apartment (800 sq ft) with a balcony in areas like the Marais or Saint-Germain-des-Prés.
- Berlin, Germany – In Berlin, $1M can buy a luxury 3-bedroom penthouse (1,500 sq ft) in neighborhoods like Mitte or Prenzlauer Berg.
- Lisbon, Portugal – Expect a spacious 3-bedroom apartment (2,000 sq ft) with stunning river views.
What $1 Million Buys in Asia
Asia presents a diverse range of real estate opportunities, from tiny urban spaces to expansive beachfront villas.
- Tokyo, Japan – In Tokyo’s core, $1M gets you a 900 sq ft, two-bedroom apartment in upscale neighborhoods like Shibuya or Roppongi.
- Bangkok, Thailand – You could buy a luxury three-bedroom condo (2,500 sq ft) in the heart of the city.
- Bali, Indonesia – For $1M, you can afford a stunning 5-bedroom beachfront villa with a private pool.
- Mumbai, India —n South Mumbai, $1M buys a compact 11,000-square-foothigh-rise apartment in areas like Worli or Bandra.
What $1 Million Buys in the Middle East & Africa
These regions offer a mix of high-end luxury and affordable mansions:
- Dubai, UAE – Expect a 2- to 3-bedroom apartment (1,800+ sq ft) in Marina or Downtown Dubai with breathtaking views.
- Cape Town, South Africa – You can purchase a modern 4-bedroom villa (4,000 sq ft) with ocean views in Camps Bay.
- Nairobi, Kenya —For $1M, you can buy a lavish 5-bedroom mansion house (5,000+ sq ft) in an upscale gated community. in Nairobi
What $1 Million Buys in Latin America
Latin America offers some of the best value in real estate, often providing larger homes for your budget.
- Mexico City, Mexico – A luxurious 4-bedroom home (3,500 sq ft) in Polanco or Condesa.
- Buenos Aires, Argentina – A charming 5-bedroom colonial-style mansion (5,000 sq ft) in Palermo.
- São Paulo, Brazil – A modern penthouse (3,000 sq ft) in upscale Jardins.
Best Places to Invest $1 Million in 2025 and Beyond
If you’re looking for the best return on investment, consider:
- Portugal – With tax incentives and high demand, Lisbon and Porto remain great choices.
- Bali, Indonesia – Tourism is booming, making villas and resorts a profitable option.
- Dubai, UAE – A tax-free real estate market with high rental yields.
- Austin, TX (USA) – Rapid growth and a thriving tech industry make it a strong investment.
From tiny luxury apartments in Manhattan to sprawling beachfront villas in Bali, $1 million can buy vastly different types of properties worldwide. Whether you’re looking for a prime investment, a retirement home, or a vacation property, knowing where to buy can make all the difference. Where would you invest your $1 million? Let us know in the comments!
