Discover the evolving landscape of luxury real estate in Milan and the investment prospects for 2026.
Topics covered
Market overview with OMI/Nomisma data
As we enter 2026, the luxury real estate market in Milan demonstrates notable resilience and dynamism. Recent data from OMI and Nomisma indicates a 5% increase in property transactions compared to the previous year.
The average price per square meter in prime areas has risen to €12,500, reflecting a significant recovery from the declines experienced during the pandemic.
Analysis of the most interesting areas and property types
In Milan, the mantra remains: location, location, location.
Areas such as Brera, CityLife, and Porta Venezia are experiencing increased demand. Luxury apartments featuring high-end finishes and sustainable features are particularly attractive to buyers. The robust demand for three-bedroom apartments in these neighborhoods signals a shift toward larger living spaces, as buyers increasingly prioritize comfort and lifestyle.
Price trends and investment opportunities
The luxury real estate market in Milan is experiencing a notable upward trajectory. Prices are anticipated to increase by an additional 3-4% throughout 2026. Investors are advised to focus on properties that offer a high ROI and strong cash flow potential. Emerging neighborhoods such as Isola and Navigli are particularly promising, as they are undergoing significant revitalization. These areas present excellent opportunities for long-term appreciation.
Practical advice for buyers and investors
For those looking to invest in Milan’s luxury real estate, conducting thorough market research is essential. Engaging with a local agent who understands the nuances of the market can provide valuable insights. Consider properties that not only offer a comfortable living space but also have the potential for rivalutazione. Additionally, it is important to evaluate the cap rate when assessing investment opportunities.
Medium-term forecasts
Looking ahead, the medium-term outlook for Milan’s luxury real estate market remains positive. The ongoing economic recovery and an influx of international buyers are expected to sustain demand for high-end properties. As Milan becomes increasingly attractive for living and investment, the luxury segment is well-positioned for further growth.
