Market in Milan

After the hit of the pandemic, Milan, Italy has experienced an increase in its appeal on both the European and global scale for the property market. From attracting businesses and beating tourist flows to having its role as the world capital of fashion and design. The pandemic gave Milan a short-term impact on the real estate market. The demand for luxury homes has been much higher than the supply. Foreign investors are still strongly interested in the Milanese market, with interest all over the world. Despite the restrictions to travel, two out of the top three transactions were made by foreigners. As the ‘new normal’ health care scenario stabilises, we can expect further stabilisation of the luxury home market. This will offer dictating prices, the timing of sales and discounts. Quality properties will meet a decisive, sold, selective international demand.