Home values internationally climbed 8.4 percent last year, marking the highest annual gain since 1995, according to the Knight Frank Global House Price Index.

With more high-net-worth individuals in the United States viewing foreign property as wise investments, Alexa Luxe Living recently determined the 20 hottest real estate destinations across the globe. The top destinations are:

1. Monaco

The penthouse in the Tour Odéon Monaco — the most expensive tower in the world — could be priced at more than $350 million.

2. Anguilla

Villas in the Viceroy are priced as high as $6.5 million.

3. Antigua

Estate homes in Jumby Bay range from $7 million to $30 million.

4. Argentina

Undeveloped ranches in Patagonia start at $1 million.

5. Tel Aviv

A penthouse in Meier on Rothschild sells for $51.5 million.

6. Zambia

Farms and lodges sell for $130 to $2,500 per acre.

7. London

Units in One Hyde Park go for $10 million to $33 million.

photo credit: LondonDave via photopin cc

8. San Miguel, Mexico

Luxury homes at Artesana Rosewood Residences can sell for a cool $2.6 million.

9. Tuscany, Italy

Units in the luxury Palazzo Tornabuoni sell for $1.4 million to $7 million.

10. Paris

Townhouses with a private garden at 140 Rue de Grenelle will set you back at least $35.5 million.

Other luxury international locales on the list include St. Barts, the Bahamas, Dubai, Singapore, and Panama.