The annual “Main Streets Across the World” report has unveiled the most expensive streets in the world and Mexico has one.
The global commercial real estate services company Cushman & Wakefield has announced its annual ranking ” Main Streets Across the World “, in which they list the most expensive streets around the world.
In this 2019, the title of the most expensive street in the world was taken by Causeway Bay, in Hong Kong, which last year dethroned Fifth Avenue in New York, which had been in the first place for five years; and it is that a rent in the street of Hong Kong amounts to 2 thousand 745 USD per square foot per year.
Yes, we are talking about the big leagues in terms of expensive streets, but Mexico is also in this ranking, because in the analysis that focuses on America, our country occupies the 13th place of the most expensive streets with Avenida Presidente Masaryk in Polanco, Mexico City (something close to 30 thousand dollars a square meter).
If you want to rent a place in Masaryk, Polanco, its cost will be 97 dollars per square foot per year. It is important to note that President Masaryk Avenue, remained on the same step as the previous year, however, the cost of the rent fell because in 2018 it was worth $ 103 per square foot per year.
It is worth mentioning that to make this report, Cushman & Wakefield tracked the rents of 448 locations in 68 markets, the highest number included since they started making this ranking in 1988. The report classifies the locations by their main rental value using the patented data for the company
Those who have walked through the Polanco area have surely walked along Presidente Masaryk Avenue, where there are boutiques of great fashion brands, as well as luxurious restaurants that offer various types of world cuisine.
But “ the most expensive street in Mexico ” offers more than luxury and glamor, for example, did you know that its name is in honor of the first president of Czechoslovakia (1918): Tomáš Garrigue Masaryk, who was a defender of human and Jewish rights.
Also, you can find the National Conservatory of Music, where you can learn to play more than 50 kinds of instruments, in addition to taking singing lessons. They also offer free concerts.
If you still have not visited Avenida Presidente Masaryk, “ the most expensive street in Mexico, ” it is time for you to organize a tour to learn more about Mexico City
The Mazatlan Post