Where does $1 million buy the least property?

Monaco, the world's most expensive market at around $53,000 per square meter, where $1M buys roughly 17 m² (about 183 sq ft), a studio or, realistically, a luxury parking spot.

Where does $1 million go furthest?

In the bargain tier: Detroit (8 to 10 renovated single-family homes), Cairo (a small 6–8 unit apartment building), and Tbilisi (three to four prime-location apartments). These markets offer the highest yields but the lowest appreciation certainty.

Which markets tie the purchase to residency or citizenship?

Dubai offers Golden Visa eligibility on properties above AED 2M (~$545K), Istanbul offers Turkish citizenship for properties above $400,000, and Portugal and Greece offer EU residency pathways, though Lisbon's Golden Visa no longer applies to residential property.

Why does the same $1M buy such different amounts?

Because price is not value and currency is a hidden multiplier. USD-denominated purchasing power has swung sharply in markets like Turkey, Egypt, and South Africa, and expensive markets store wealth while cheaper ones generate cash flow.