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Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallThere is no reliable, like-for-like global ranking of the eight most expensive countries in which to buy a house in the available data. The closest useful comparisons measure different things: main-city prices per square metre, newly built home bid prices in selected European markets, or apartment prices outside city centres. Those figures can inform a comparison, but they do not establish a definitive ranking of national house prices.
Here is what the available figures do show—and how to use them without mistaking a city or property-type snapshot for a countrywide answer.
Why a definitive top-eight ranking is not established
“Most expensive” can mean the highest purchase price, the highest price per square metre, or the highest price relative to local incomes. Those are different measures. A country’s main city is not the whole country, and apartments, detached houses, new builds, and resales do not form a consistent comparison unless the underlying data align.
Global Property Guide’s country and main-city table is a useful price-per-square-metre comparison, but the publisher warns that its entries can differ by property type and price basis. The figures may reflect asking prices, completed sales, or estimates, while currency conversion and source publication dates can also affect comparisons. Its country-specific notes should be checked before interpreting any individual observation. Global Property Guide’s methodology and country/city figures are updated quarterly when new data are available.
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For that reason, the figures below are separate, scoped observations—not a combined ranking of the world’s eight most expensive countries to buy a house.
What the available country comparisons say
Selected main-city price observation
Global Property Guide reports Vienna, Austria, at €7,965 per square metre in its Q2 2026 table. This is a main-city observation, not an average for all homes across Austria. The table’s period and property-type notes matter when comparing it with other entries. Global Property Guide Research Team, Q2 2026.
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Selected new-build comparison in Deloitte’s European coverage
Deloitte’s 2025 Property Index reports average bid prices for newly built homes of €8,760 per square metre in Switzerland and €6,131 per square metre in Israel. Deloitte says Switzerland overtook Israel, the previous year’s leader, in this comparison. These are bid prices for new builds in the report’s covered European markets; they are not verified averages for all homes or a global ranking. Deloitte, Property Index, 14th edition, August 2025.
Apartment prices outside city centres
Numbeo publishes a country-level measure labelled “Price per Square Meter to Buy Apartment Outside of Centre.” The page says the data draw on contributor submissions and official sources, and that countries need sufficient contributor counts to appear. Its displayed update date is April 30, 2026. This is an apartment measure, not a detached-house price or a national average for all housing. Numbeo’s apartment price comparison.
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Before treating a country as more expensive than another, check that the figures describe comparable homes and markets. A useful comparison should make these details visible:
- Geography: whole country, capital, or another main city.
- Property: apartment or house, new build or resale, and primary or secondary market.
- Price basis: asking price, completed transaction, or estimate.
- Unit and currency: price per square metre or total price, with the currency and any conversion context.
- Observation date: the period represented by the figure and the date the source updated its page.
Currency conversion deserves particular care: a reported euro or dollar price can change when exchange rates move, even if the local-currency property price does not. Global Property Guide also notes that source schedules differ, so two entries shown together may not represent the same observation date.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.High prices do not necessarily mean low affordability
A large price per square metre describes the nominal cost of property, not how manageable that cost is for residents. The OECD defines its price-to-income ratio as “the nominal house price index divided by the nominal disposable income per head” and says it can be considered a measure of housing affordability. Its price-to-income and price-to-rent ratios are indices with 2015 as the base year, so they are not currency-denominated prices per square metre. OECD housing-price indicators and definitions.
To assess affordability, consult price-to-income or price-to-rent measures separately from nominal purchase prices. A city can have costly homes in absolute terms without the price alone showing what local households can afford.
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What a buyer should take from these figures
- Use main-city figures as city-level indicators, not as national house-price averages.
- Compare new-build bid prices only with similarly scoped new-build data.
- Do not treat apartment prices outside a city centre as detached-house prices.
- Read the source’s property-type, price-basis, date, and currency notes before drawing conclusions.
- Keep affordability measures separate from purchase-price rankings.
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