A tiny millionaires' playground has knocked the likes of Miami and Monte Carlo off their mantles to become the most expensive stretch of the coastal real estate in the world. An 850ft stretch of road in one the UK's most exclusive enclaves, Sandbanks, contains just 13 harbourside mansions that total a staggering £93 million in value.
The narrow plots measuring between 40ft and 60ft wide on Panorama Road make it the most expensive piece of coastline in the world in terms of price per square foot. The mansions on the peninsula in Poole Harbour, Dorset, offer unrivalled views over the world's second-biggest natural harbour. There is almost total privacy at the front of the properties while back gardens run down to the water's edge. Such is the 'super-prime level' of the Sandbanks market, two ultra-modern properties with indoor swimming pools were recently snapped up in quick succession for a combined £15.6m. One, a sprawling state-of-the-art mansion, sold for more than £8m, while the other sold for £7.5m before the sales brochure had come out.
The narrow plots measuring between 40ft and 60ft wide on Panorama Road make it the most expensive piece of coastline in the world in terms of price per square foot. The mansions on the peninsula in Poole Harbour, Dorset, offer unrivalled views over the world's second-biggest natural harbour. There is almost total privacy at the front of the properties while back gardens run down to the water's edge. Such is the 'super-prime level' of the Sandbanks market, two ultra-modern properties with indoor swimming pools were recently snapped up in quick succession for a combined £15.6m. One, a sprawling state-of-the-art mansion, sold for more than £8m, while the other sold for £7.5m before the sales brochure had come out.