a
Print
version

The suburbs of Milan that are in high demand have been revealed

  • 10
Options in the suburbs are almost 60% cheaper than within the metropolitan area.

What has happened? Analysts from Casa.it, one of the main property search websites in Italy, have examined search queries for purchasing and renting properties in different areas of Milan for the first 8 months of 2023.

 They also have compared the cost of an average three-room apartment in these locations in September 2023.

The price difference is impressive. The experts have found out that prices in the suburbs are on average 58% lower than within the metropolis area, where average three-room apartments are sold for about €503.6 thousand.

The cheapest suburbs in the province of Milan to buy a three-room apartment:

  • Calvignasco: €75 thousand.
  • San Colombano al Lambro: €84 thousand.
  • Buscate: €102 thousand.
  • Turbigo: €105 thousand
  • Besate: €109 thousand.
  • Castaño Primo: €116 thousand.
  • Boffalora sopra Ticino: €117 thousand.
  • Casarile: €121 thousand
  • Ozzero: €127 thousand.
  • Bernate Ticino: €129 thousand.

The most popular queries. In the most popular suburbs of the Milan the most demanded property proposals were in the price range of €100-200 thousand, followed by €200-300 thousand in second place, and €50-100 thousand in third place.

As for rent, the searches were mainly focused on offers with a monthly rent of €400-600 per month, then €600-800, and finally €800-1000.

Please read also: Realtors have named the most promising region of Italy for foreign investors

Source: Casa.it

Photo by Ouael Ben Salah on Unsplash

Quoting conditions of Prian.info materials

Share the link:
Tags: Italy, Market Analysis, Cheap property, Real Estate, Immigration

Read also

The EU has agreed to simplify employment rules for third-country nationals
Non-EU nationals will be able to apply for a work and residence permit in one application.
European lawmakers have agreed on a draft regulation for data collection and sharing for short-term rental services
The landlords and online platforms will have to send monthly reports to the authorities.
EU tourism performance exceeds pre-pandemic levels
The number of nights spent in EU tourist accommodation reached 2.9 billion in 2023.
The housing market in Italy remains buoyant
The property prices were more or less stable in January 2024.
Luxury real estate in Italy is becoming more expensive
The annual price increase has almost reached 7% in resort areas.
Rental prices in Italy continued to rise in May
The average cost of rental housing was €13/sq. m per month.

Interesting to read

News and articles on the topic «Italy»

  • 20.05.2024
  • 34

EU countries will issue a single work and residence permit under simplified procedure. The date is already known

The new directive will improve the protection of foreign workers against exploitation.

  • 17.05.2024
  • 19