Table of Contents
Market overview with OMI/Nomisma data
In the luxury real estate sector, location is everything. Recent data from OMI and Nomisma indicate a steady increase in property values across prime areas of Milan. The real estate market in Milan has demonstrated resilience, even amidst economic fluctuations, reporting an average price increase of 5% year-on-year.
Analysis of the most interesting zones/types
Particularly noteworthy are neighborhoods such as Brera and Porta Venezia, where demand remains high due to their cultural significance and accessibility. Luxury apartments in these areas have appreciated significantly, making them prime targets for investors seeking high ROI.
Price trends and investment opportunities
The data indicates that the average price per square meter in the luxury segment has risen to approximately €10,000. However, emerging areas like Isola offer opportunities for higher cash flow due to lower initial investments and the potential for substantial appreciation.
Practical advice for buyers/investors
For investors, conducting thorough research on cap rates and expected cash flows is crucial. Potential buyers should consider properties that not only meet their aesthetic preferences but also promise strong future returns.
Medium-term forecasts
Looking ahead, the luxury real estate market in Milan is expected to remain robust, with a projected annual growth rate of around 4-6%. This trend is likely to be bolstered by foreign investment and the city’s ongoing appeal as a cultural and economic hub.
