4 Of The Most Expensive Streets In The World Today

“Where the streets have no name, Where the streets have no name, I wanna reach out and touch the flame”

-Bono, U2

Was the legendary Irish singer hinting at astronomical prices that some of the world’s most glamorised streets hold, when he song his epic? Who knows? Who can say? But the lyrical rendering extended to streets by one of the world’s most loved bands now seems like a salutation extended to the only possible way one can remember a high-end street. Not by its name. Not through who was born there. But through a collection of highly prized ensembles you find in the following 5 of the most expensive streets in the world.

1. Fifth Avenue

It could be said, a strand of bustle standing in midst of a city leaning for both- corporate highs and artistic endeavours. Few places in the world are as beautiful as they are princely as Manhattan, New York’s Fifth Avenue. You immediately understand the vibe of eccentricity surrounding New York’s Fifth Avenue when you find that the rental cost here per square foot is around $3500. Little wonder then that the Fifth Avenue has earned the tag of being the place where one pays or earns ‘world’s highest rental’. The dividing line separating the East and West of Manhattan finds a sprawling spread of lavish designer brands such as Louis Vuitton, Gucci, Prada and, Versace.

2. Avenue des Champs-Elysees

Let’s get this one straight here. In lighter tone, the sheer commercial heavyweight value that one of France’s most famous addresses or neighbourhoods commands could be understood from its very pronunciation. Not the easiest that you would find. A reason of shopkeeper’s heartache all round the year, the rental value at Paris’ Champs Elysees avenue stands at $1372 per square foot. Not that there aren’t other expensive streets in the city of love but the fact that Paris’ Champs Elysees has both high-end stores, expensive restaurants and, chick cafe’s and bistros makes among the streets revered for both a sense of style and a twinge of opulence, a feeling that only being in one of the world’s most famous avenues can fetch.

3. New Bond Street

During the night-time, the dazzle of lights and lamps fill up it’s walkways with a rush of golden rays and energy. During the day time, the paraphernalia of young students, entrepreneurs, restaurateurs, the elderly and the die hard romantics mark one of London’s famous streets as an enchanting affair thriving on vibe and bustle. The Bond street in London, happens to be the second-most expensive street in Europe at this time with rentals reaching a whopping mark of $1321 per square foot. The glitz of London including peppy luxury brands such as Dolce Gabbana, Tiffany. Co., Chanel, Ralph Lauren happens to converge with the serene charm of legendary centres of hospitality in the form of Hotel Ritz here at the famous Bond Street.

4. The Ginza

There’s often this debate whether Tokyo is actually one of the world’s most expensive cities or not. The fact is that if you are even the most nondescript traveller or road walker on one of its most prestigious avenues- The Ginza- at Tokyo’s district of Chuo, you’d understand that there may not be any fictional element in the supposition. Considered to be among the most elegant, expensive and luxurious streets in the whole world- The Ginza- in Tokyo is more than just a symbol of richness, rather a residence of those who’ve ‘arrived in life.’ Numerous internationally owned and operated luxury boutiques, coffeehouses, departmental stores are found cavorting with a misty eyed romanticism here in the heart of Tokyo- also, an upscale shopping area.