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The trend of real estate prices tend to reflect the city's growth and development of dynamic cities: so in Milan, in a context where prices remained on average the same as ten years ago, the only rising values ​​have so far been those of real estate in the most attractive neighborhoods, the entertainment area and that of fashion and design, in great demand by the luxury real estate market investors.
According to data from the Chamber of Commerce of Milan, the area in which it is determined the increase of higher prices is between Solferino and Corso Garibaldi, grew on average by 19.5%. A full 13% also for Porta Genova, Castle Park and canals, and more generally the total percentage of the Milan area dedicated to recreation and entertainment has grown on average by 4.6% in 10 years.
Compared to 2006, the area dedicated to design has seen residential values ​​grow by 2.6% between Corso Venezia, Garibaldi and Solari and 2.4% in the pedestrian area of ​​the Brera fashion Quadrilateral and the Castle in Garibaldi .
From the table on changes in prices it is also clear that the area of ​​the new subway line 5 has experienced slight increases over the last decade (+ 0.7% but 9.8% tips at Fair-Monterosa 9.1% in Sarpi-Procaccini area).
Since 2006, also rose as property prices in the area currently affected by the development of the M4 metro (1.1%), although in the last six months there has been a slight decline here corresponding to 0.1%.
They are substantially stable results instead of the residential values ​​in the university area and in the streets of fashion.
The outskirts of Milan suffered rather a drop in prices by 5.2% in ten years with a negative peak of 17.2% in Mosucco-villapizzone area, followed by 11.2% Corvetto and -10, 1% of Solomon-Bonfadini.
According to data compiled in the second half of 2016 by the Chamber of Commerce of Milan in collaboration with the Federation of Realtors, the most expensive area is currently one of Via della Spiga-Montenapoleone, with 12,450 € / sq m, immediately followed by Vittorio Emanuele-San Babila, with € 12,300 / sq m, and the area that includes the Duomo, La Scala and Diaz, with 11,700 € / sqm. The economic zone is instead via Salomone, on the outskirts.
According to data from the Chamber of Commerce of Milan, the area in which it is determined the increase of higher prices is between Solferino and Corso Garibaldi, grew on average by 19.5%. A full 13% also for Porta Genova, Castle Park and canals, and more generally the total percentage of the Milan area dedicated to recreation and entertainment has grown on average by 4.6% in 10 years.
Compared to 2006, the area dedicated to design has seen residential values ​​grow by 2.6% between Corso Venezia, Garibaldi and Solari and 2.4% in the pedestrian area of ​​the Brera fashion Quadrilateral and the Castle in Garibaldi .
From the table on changes in prices it is also clear that the area of ​​the new subway line 5 has experienced slight increases over the last decade (+ 0.7% but 9.8% tips at Fair-Monterosa 9.1% in Sarpi-Procaccini area).
Since 2006, also rose as property prices in the area currently affected by the development of the M4 metro (1.1%), although in the last six months there has been a slight decline here corresponding to 0.1%.
They are substantially stable results instead of the residential values ​​in the university area and in the streets of fashion.
The outskirts of Milan suffered rather a drop in prices by 5.2% in ten years with a negative peak of 17.2% in Mosucco-villapizzone area, followed by 11.2% Corvetto and -10, 1% of Solomon-Bonfadini.
According to data compiled in the second half of 2016 by the Chamber of Commerce of Milan in collaboration with the Federation of Realtors, the most expensive area is currently one of Via della Spiga-Montenapoleone, with 12,450 € / sq m, immediately followed by Vittorio Emanuele-San Babila, with € 12,300 / sq m, and the area that includes the Duomo, La Scala and Diaz, with 11,700 € / sqm. The economic zone is instead via Salomone, on the outskirts.
