Why Milan?
Milan is the financial capital of Italy, home to the stock exchange, major banks and corporations. 200,000 students and a growing population ensure constant rental demand. Prices have been growing steadily at 3-6% annually since 2018.
Best districts for investment
Brera and Navigli (prestige, EUR 5,500-7,500/m², rent EUR 20-28/m²/month), Isola and NoLo (growing, EUR 3,800-5,000/m², EUR 16-22/m²), Città Studi (students, EUR 3,200-4,200/m², EUR 14-18/m²), Bovisa/Politecnico (budget, EUR 2,800-3,500/m², EUR 12-16/m²).
Profitability calculation
Example: Studio 35m² in Isola, purchase price EUR 170,000 + transaction costs EUR 15,000 = EUR 185,000. Rent EUR 850/month × 11 months = EUR 9,350 gross. Annual costs (IMU, manager, maintenance): ~EUR 2,000. Net yield: ~4%.
Growth prospects
The 2026 Winter Olympics in Milan-Cortina, M4 metro line development, Scali Ferroviarie redevelopment (former railway land) — these are projects driving price growth for years to come. Analysts forecast continued growth of 3-5% annually until 2030.