Further proof that location is everything in real estate comes via Spiegel, which has a story about what it claims is the most expensive house in the world (on a per sqm basis). Located on the island of Sylt, the 30 sqm house can be had for a staggering €6.3m. The price is even more remarkable for the fact that it’s impossible to make any additions to the building, or to build anything around it.
It sits in the middle of dunes with unrestricted sea views. And the tiny seaside palace is made of red brick and has a thatched roof. Inside you will find a tiny kitchen and bathroom with a small staircase that leads to a sleeping area. When you’re lying down, the view out of a semi-circular window is magical, over lawns and tidelands and water, reports theHamburger Abendblatt newspaper.