Topics Covered
Market overview with OMI/Nomisma data
The luxury real estate market in Milan shows signs of sustained growth, with an increase in average prices of 5% compared to the previous year. The data of IMO e Nomisma show a strong interest in the central and semi-central areas, where demand exceeds supply, creating a availability deficit which pushes prices further up.
Analysis of the most interesting areas/typologies
The most sought after areas include the Fashion Quadrilateral, Brera e Porta Venezia. These areas, in addition to boasting a high concentration of luxury shops and restaurants, also offer a international community who are looking for luxury properties. The most popular types are three-room apartments and apartments with views of historic landmarks.
Price trends and investment opportunities
Recent market trends highlight a constant revaluation of properties located in strategic areas. cash flow for investors it remains positive, with a cap rate average of 4,5%This condition offers interesting opportunities for those who wish to invest in the mattone, particularly in renovated or newly built contexts.
Practical advice for buyers and investors
For buyers and investors, it is essential to analyze the Real Estate ROI of the different areas. It is advisable to consider the purchase at the time of pre-sales Or look for properties to renovate, as they can offer higher profit margins. Furthermore, it's essential to stay informed about zoning policies and future developments in the areas you're interested in.
Medium-term forecasts
Medium-term forecasts indicate continued price growth in the luxury real estate market in Milan, supported by domestic and foreign demand. The increase in tourist influx, combined with the economic recovery, suggests that Milan will continue to be a epicenter of real estate investments in Italy and Europe.