Three Bedroom Apartment with Balcony in Milan

Close to the San Siro and in North-West Milan, there is a 3-bedroom apartment with a spacious balcony and Smart home system already installed. This property is currently available for immediate occupancy.


The Developer had designed these apartments with technology at the forefront. Therefore, residents are remotely in control of all electronic devices: air conditioning, shutters, heating and more. Adding further value, the property also features a shared garden, gym and banquet hall within the ground floor.


View more details about Milan and the property below. Contact us if you have any other questions.

Three Bedroom Apartment with Balcony in Milan

Close to the San Siro and in North-West Milan, there is a 3-bedroom apartment with a spacious balcony and Smart home system already installed. This property is currently available for immediate occupancy.


The Developer had designed these apartments with technology at the forefront. Therefore, residents are remotely in control of all electronic devices: air conditioning, shutters, heating and more. Adding further value, the property also features a shared garden, gym and banquet hall within the ground floor.


View more details about Milan and the property below. Contact us if you have any other questions.

Price
417,123 €

Status
Ready to Populate

Apartment Size
140 sqm

Delivery
Immediate

Balcony
22.6 sqm

Property Developer
First Stone SRL

Floor
5

Price
417,123 €

Status
Ready to Populate

Apartment Size
140 sqm

Delivery
Immediate

Balcony
22.6 sqm

Property Developer
First Stone SRL

Floor
5

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Italy has the third largest European economy and the ninth largest across the globe. Although, they're expected to expand by a further 23% before 2023. Furthermore, as a member of G7 & G20 amongst other leading world economies; Italy is a proven centre of commerce and investment.

Benefits of Investing in Italy

  • Set for economic growth of 25% by 2023
  • You’ll be investing in one of the strongest global economies
  • GDP in 2017 was around $40,000
  • The tourism industry pumps around 200 Billion Euros into the economy
  • The average yield in Milan in 2017 was 4%
  • Rent prices in 2018 have risen by 5% and are continuously growing
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Milan is the second biggest city in Italy and is most famous for art, football, music and fashion. It’s a unique & vibrant city and capital of the Lombardy District. Although, Rome is officially the capital, Milan is regarding as the economic centre. In fact, the GDP for the Lombardy region was significantly higher than the rest the of country and was around $800 Billion. That’s even larger than the GDP of Switzerland.


Based on a report published by US Investment firm, Duff and Phelps, 63% of Italian real estate investments are made in the north. This isn’t surprising considering the accelerated growth in the region and Milan.

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Characteristics: The project contains three types of apartment. Each fitting 140 square meters. Furthermore, the uniqueness with this property is the ready to go smart home system, on-site gym and banquet hall for children.


Location: This project is located near the San Siro football stadium and 500 meters from the metro station, supermarkets and other local amenities. The apartments in this development would be suitable for families and young professionals. However, this apartment could be used as a short-term rental for football supporters.


The Developer: This is a private Property Developer who completed the project through a subcontractor.

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Capital Gain

  • Italy's house price index has been on a downward trend since the global economic crisis in 2008 and by 2015 and has since stabilised.
  • According to Ernst & Young, unlike most cities in Italy, the residential real estate market in Milan began to recover already in 2012. Only in 2018 the price of the requested apartment in Milan rose by 2.7%.

Rental Yield

  • According to a report compiled by the leading consulting firm Deloitte, the rental yield in Milan in 2017 was about 4% on average.
  • The requested rent in Milan rose only in 2018 by 5.78% and is about 17.5 Euros per square meter on average.

FAQs

All you need to do is click "continue" follow the steps, agree to the terms of our Management Agreement and click invest. We will manage everything from there. If you have any questions about the process or our management agreement, contact us here.

One of the main benefits to using our platform to procure new property developments is the use of our management services. Although, this page makes us look more like a realtor, we are not.

We provide a management service to property investors looking to diversify their portfolio abroad. Which will include managing the entire sales process, negotiations with the Property Developer, Interior Designers and Contractors. In addition, we'll help you set up a bank account and perform all the legal legwork.

In a nutshell -- with your investment you will receive:

  • Full management of the procurement process
  • Organisation of all legal and bureaucratic procedures
  • Regular construction updates & photographs
  • Ability to pay with instalments
  • Payment is not required through our platform
  • Fully Managed after purchase; including Tenant Sourcing & General Management
  • Everything can be viewed & managed from your Investmart account

No. There is no need to transfer a credit card nor a bank account number on the website. All the payments within the framework of the purchase are carried out by personal bank transfers.

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