Milan, the Italian capital of fashion and finance, is also known for its large number of luxury homes, which are particularly coveted by buyers from all over the world.
Luxury is a sector that has never stood still, even during the pandemic and the subsequent period of general crisis. The fact that the luxury segment is more than solid is also proven by the various projects currently underway to further redevelop the city.
There are many areas in this metropolitan city where it is possible to buy a luxury flat, here are the most popular ones.
5 Places Where To Buy A Luxury Property In Milan
The Fashion District
If you are planning to buy luxury apartment in Milan, it is impossible not to consider the Fashion District. This is one of Milan’s most renowned districts. This area is so called because it is home to some of the most prestigious boutiques in the Lombard capital, and because it is enclosed between four main streets (Via Alessandro Manzoni, Corso Venezia, Via della Spiga and Corso Montenapoleone).
In this chic district, however, you can find not only international brand shops, but also cafés and classy clubs, cinemas and theatres, monuments of artistic and cultural value and museum houses, including Palazzo Morando and Bagatti Valsecchi.
Given its exclusivity, the district is known to be one of those with the highest prices per square metre.
Brera
Another very exclusive area of the capital of Lombardy is Brera, with its strong artistic soul. Here, in fact, there is the famous Accademia delle Belle Arti, the Galleria d’Arte Moderna, the renowned Pinacoteca and the Biblioteca Nazionale, but also some of the oldest and most characteristic churches in the city, such as the Basilica di San Simpliciano. Another point of interest in the area is the market held in Via Madonnina, a monthly market that attracts visitors from all over Milan.
Brera is highly desirable not only for its cultural identity, but also for its historic buildings with perfectly integrated inner courtyards. Property prices are slightly lower than in the Fashion District, but are equally high.
Old Town
The Old Town of Milan is renowned for several reasons, including the presence of the Teatro alla Scala, the Castello Sforzesco, Piazza Duomo and Piazza Affari, the financial hub of the city. In addition, this area is home to the Galleria Vittorio Emanuele, where the Milanese gather to sip coffee in chic cafés and shop in unique shops.
The city centre is a future-oriented area, but its historical memory is still well imprinted in Piazza dei Mercanti, the Museo del Novecento and the Duomo. Flats here have some of the highest prices in the city, not only because of the exclusive area in which they are located but also because they are true works of art surrounded by convenient pedestrian areas.
Garibaldi – Isola Area
Immediately after the more central areas of the capital, it is possible to find luxury properties (whose cost is slightly more affordable) in the Garibaldi – Isola area. This district has recently benefited from a major urban redevelopment due to the Expo event held in Milan in 2015 and is now one of the most luxurious areas of the city.
It is no coincidence that this is the district that is home to important architectural works such as the Unicredit Tower, the Torre Diamante as well as the iconic Bosco Verticale that has won everyone over, and last but not least, the two residential skyscrapers designed by the famous architect Stefano Boeri.
It is a district that is perfectly connected to the rest of the city, and is full of activities such as bars, restaurants, fashion ateliers, eco-friendly cafés and much more.
Tortona Area
Finally, it is also worth mentioning the Tortona area, which has also undergone much urban redevelopment over the years, making it one of Milan’s hippest neighbourhoods. It is here that the headquarters of the Fuorisalone (the Salone del Mobile event) are located and it is an area full of artisan boutiques, high-fashion shops and many chic places. Artists, fashion designers and VIPs often decide to buy a house in this beautiful area, where there is no shortage of luxury homes.