The current state of luxury real estate in Milan
As the luxury real estate market in Milan evolves, it continues to demonstrate resilience and growth. Factors such as location and the demand for high-quality properties play a crucial role in this sector. Recent data from OMI and Nomisma reveal significant trends that investors should closely monitor.
Table of Contents:
Market overview with OMI/Nomisma data
The latest statistics from OMI indicate that the average price per square meter in prestigious neighborhoods such as Brera and Porta Venezia has risen by 5% year-on-year.
This consistent growth serves as a strong indicator that real estate in Milan remains a solid investment.
Analysis of the most interesting zones/types
Among the most promising areas, CityLife stands out for its modern architectural offerings and proximity to green spaces. Properties in this district are attracting both local and international buyers, leading to a cap rate of 4.5%, which indicates healthy returns on investment. Meanwhile, the historical charm of the Duomo area continues to captivate affluent buyers seeking unique properties with emotional value.
Price trends and investment opportunities
The trend shows a steady increase in demand, particularly for two-bedroom apartments in prime locations. With a sound cash flow strategy, investors can anticipate a ROI of around 8% for properties that are well-maintained and strategically located.
Practical advice for buyers and investors
For those looking to invest, focus on properties that have the potential for revaluation. Conduct thorough market research and identify properties that may be undervalued. These properties often have significant appreciation potential due to urban development plans.
Medium-term forecasts
Experts predict that the luxury segment will continue to flourish, with an expected 5-7% increase in property values over the next few years. The demand for luxury living is unlikely to diminish, particularly as Milan strengthens its status as a global city.
