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So you win some or other lotto, or an actual Nigerian prince left you money instead of emptying your bank account – now what to do with your loot?

We know that the local property market has gone bonkers the past few years, but what would a cool £1 million (R17 million for the purpose of simplicity) buy you in some of the world’s premier locations?

BusinessTech dig some digging, using international realtor Knight Frank’s Prime International Residential Index (PIRI), and here’s the kind of property you’re looking at in each city.

Let’s begin with London:

Long street, Shoreditch
Price: £975,000
Bedrooms: 2
Area: Shoreditch

Described as “effortlessly cool and quintessentially urban”, this 2 bedroom apartment is in London’s trendy Shoreditch and forms part of Long & Waterson development – a residential scheme of 119 lofts, apartments and penthouses. Future residents will be able to make use of the on-site cinema, gym and spa as well as the landscaped gardens.

Next up, New York:

540 West 49th Street
Price: £961,730.88
Bedrooms: 1
Area: Hell’s Kitchen, New York

In an area of just 59 km2, living space is tight and the competition for the very best of New York real estate fierce. But how about this Manhattan condo with jaw-dropping views of Midtown? This 1 bedroom apartment sits within the Orion skyscraper and comes with a fitness facility, variety of sun decks and screening room.

To the city of love, Paris:

Rue de Martignac
Price: £924,986.16
Bedrooms: 1
Area: 7th arrondissement

Weekend in Paris? High ceiling, parquets floors and just amshort walk to The Louvre, The Eiffel Tower and The Champs-Elysées, this quintessential Parisian apartment sits within a period building in Paris’s central 7th arrondissement and could be yours for just under one million pounds.

And finally here at home, where you can bet you’ll get plenty of bang for your pounds:

Bantry Bay
Price: £947,839.07
Bedrooms: 4
Area: Bantry Bay

Your money goes far in Cape Town. This designer 4 bedroom townhouse has beautiful panoramic ocean views as well as pool and built-in barbeque. Cape Town’s Exclusive Bantry Bay lies perched on the rocks overlooking the Atlantic Ocean. Magnificent sunsets await.

Let’s overlook the fact that it was called a barbeque, sies, and tick the ‘this is why tourists snap up property here’ box.

If you want to see the full Knight Frank report you can head over HERE.

[source:businesstech]