Milan’s Residential Real Estate Prices Climb

Summary: In 2024, Milan’s residential real estate market remains strong, with prices increasing by 2.27% compared to last year. The city center continues to see some of the highest prices, reaching over €10,000 per square meter in prime areas like Centro and Porta Nuova. Meanwhile, suburban areas offer more affordable options, with prices around €3,000 per square meter. Despite rising costs, demand remains robust, driven by both domestic and international interest, especially for luxury and eco-friendly properties. The market is also bolstered by Milan's cultural appeal and ongoing urban development projects.