Italy · Europe
Luxury Property in Milan
Italy's only genuinely institutional residential market.
The market in one paragraph
Milan combines design-led prime stock, corporate leasing demand and favourable flat-tax treatment for qualifying new residents — a rare pairing in southern Europe.
Who this market suits
- Second home
- European base
- Rental income
The numbers, before the brochure.
Entry price
From EUR 700,000 for central apartments
Prime pricing
EUR 3M+ for Quadrilatero and Brera penthouses
Gross rental yield
3.5–4.5% gross
Foreign / NRI ownership
No restrictions on foreign ownership
Residency
Elective residence and flat-tax regimes exist independently of purchase
Taxes & duties
Registration tax on purchase; annual municipal tax on second homes
Purchase process
Preliminary contract with deposit, then notarial deed — eight to twelve weeks.
What to watch
Cadastral and condominium compliance issues are common in older buildings. Verify before deposit.
Where to buy in Milan
Quadrilatero & Brera
Heritage prime; strongest resale.
Porta Nuova
New-build towers, corporate tenants.
Lake Como (day trip)
Second-home estates within an hour.
Private shortlist
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Tell us your objective and budget. We will come back with specific buildings and net numbers — not listings.
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