Luxembourg City house or Caribbean island?

Our colleagues from RTL recently stumbled across a real estate listing that left them astonished: a house in Luxembourg City, close to 480 square metres, and six bedrooms. The price: €7 million.

Read also: The Luxembourg Wurst: Housing prices plummet from 'freaking expensive' to 'super expensive'

Everywhere in the world one finds extravagant mansions at extravagant prices, but €7 million for a house in the Grand Duchy's capital makes one wonder what else might be purchased for the same price...

How about an island?

For just €6.5 million, you could own an island near the Bahamas. This Caribbean paradise covers 2,400 square metres of land.

And you would still have €500,000 left to build your dream house on it.

© Vladi Private Islands

Or 673 nights in a luxury hotel, perhaps?

Alternatively, you could enjoy a luxurious stay at the Burj Al Arab hotel in Dubai. The ‘Diplomatic Suite’ costs €10,400 per night and offers stunning views of the Arabian Gulf. You could book this suite for almost two years with your budget.

Keep on renting

With €7 million, you could rent an apartment for €2,500 per month and live there for 233 years. Or you could rent a house for €5,000 per month and live there for 116 years.

Either way, you would have a decent place to stay for a long time.

Fancy yourself a bit of crypto?

If you want to invest your €7 million in crypto currencies, you could buy about 333 Bitcoin (as of 3 March).

But if you prefer traditional assets like gold, you could get 125 kilograms of it with the same amount.

1,120 months of globe-trotting

Many people dream of exploring the world. A cruise lets you visit a variety of destinations in a short time span. With €7 million, you could cruise for over 93 years at a rate of €25,000 for every four months.

How about you, what would you do with €7 million? Invest in a house in Luxembourg City?