Madrid, Mallorca and Ibiza amongst world’s 50 most expensive places to buy a home

Monaco is the most expensive, followed by London, according to research by Knight Frank and Citi Bank.

As far as Spain goes, South-West Mallorca is the most expensive place, 33rd in the world ranking, followed by Madrid at 36, and Ibiza at 47.

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About Mark Stücklin

Mark Stücklin is a Barcelona-based property market analyst and consultant, and author of the 'Spanish Property Doctor' column in the Sunday Times (2005 - 2008). He can be reached by email on ms@spanishpropertyinsight.com.