Fabulous views, posh locales, and uber-wealthy residents are vital components of any posh address. These components, of course make for some sky-high real estate prices on these very streets, earning them the moniker of the most expensive residential streets.
With the recession, and the resultant mess that followed, the real estate market worldwide has been sluggish to say the least. However, the list of the most sought-after addresses more or less remains the same, with the locations simply switching places every year. Given here is a line-up of the 8 most coveted addresses in the world, in no particular order.
Fifth Avenue in Manhattan is a reputed shopping Mecca as well as a residential street. Fifth Avenue, New York City is home to New York's trendiest residents, one of whom happens to be someone by the name of Woody Allen.
Geneva is mostly considered to be a city of expats, but a beautiful and safe city to live in, nevertheless. Rue Bellot in Geneva is an address that offers discretion and affluent living at the same time.
With the planet's rising population, every square inch of land is beginning to get precious by the minute. However, these things will remain inconsequential to the richer populace, who are bound to have their peace and privacy in places like these, to call their own.