Milan is expensive, everyone says so. But when considering buying a house in Italy, as an investment, it is crucial to consider several factors. In fact, buying a house in a small provincial town is not the same as buying it in a big city where for various reasons (including work) demand is greater.
Esquire magazine has unveiled the Italian cities with the greatest potential for gains in the resale of the property within 7-8 years. And these include Milan, as well as Rome, Florence, Naples, Bologna, Venice, Genoa, Trieste and Turin. Real estate experts suggest that, in Italy, the best investment opportunities are found in large cities, especially in central areas or those that are already developed. These areas tend to see faster price increases than others, allowing the property to be resold with a good profit margin
Milan is known for having the highest prices per square meter in Italy, but it offers significant opportunities despite the market being less affordable for many. The most expensive neighborhoods, according to a report by Idealista this year, include Centro Storico and Garibaldi-Porta Venezia.
So, if you are considering real estate investment, there are good opportunities for profit in Italy’s major cities due to price growth in central and enhanced areas. However, it is important to carefully consider the economic environment and the specific dynamics of each city before making a purchase. Abroad, London, Berlin and Paris are the most attractive.