Why investing in Milan
Milan may not be the capital of Italy, but it has always been the legitimate leader of the country, one of the few eligible candidates in Europe to attract companies looking for a new "home" in the European Community. It has a city airport (Linate), two well connected other airports (Malpensa and Orio al Serio), a great network of road public transport and five underground lines, some of the best European Universities that “produce” human capital with a strong entrepreneurial spirit and a business attitude of sure appeal to foreign investors. The city is the driving force behind the economic recovery, especially thanks to the stimulus for new investments made by Expo, and the rising of new urban quarters.
Quality of life
Milan, the capital of fashion and design, art, culture and creative frenzy, with its relatively pleasant and temperate climate, gives its inhabitants an "ease of living" resulting from the proximity of tourist destinations accessible by a two-hour car drive unparalleled in Europe. The ideas, ambition and energy that are perceivable in Milan are both exciting and catching. The city offers a wide network of public transport, world-famous tourist attractions, Mediterranean cuisine, an excellent health care system for all residents, a full network of shops and shopping centers, one of the best and most extensive cultural offers in Europe.
Future prospects
The Italian economic growth indicators, added to the feeling among the population that the deepest part of the crisis is over, have generated renewed interest in the purchase of homes and apartments in Milan. We note a strong interest from buyers for real estate located in semi-central areas behind the upcoming underground connections, today in distress for urban redevelopment works, but which can turn into great investments in future prospect with the creation of new beautiful residential areas. The rental market continues its positive trend from Expo 2015 forward, especially thanks to the steady increase in job and schooling relocations.
Who is buying properties in Milan
Milan's buyers profile consists of families, professionals or Italian students who change their residence but also of foreign families from countries such as France or Great Britain. Note that foreigners are very attracted to green areas and often seek properties close to the international schools.
Free Valuation of your Apartment or Home in Milan
Engel &Völkers Milan can appraise your house, apartment or any other residential property for free and without further obligation. If you wish to sell your property, or are looking to rent out your real estate, speak to us today for more information and further guidance.
Jobs in Real Estate in Milan
At Engel &Völkers we are always looking for committed individuals who are passionate about real estate to join our team. If you have an affinity for the real estate market and a service-oriented mindset, we would love to talk to you in more detail. Contact Engel & Völkers today to see how you could benefit from coming aboard and sharing our brand, with access to superior support, a respected brand identity and an exclusive clientele list.
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