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Why is it worth investing in real estate in Lombardy?

Why is it worth investing in real estate in Lombardy?

Why is it worth investing in real estate in Lombardy?
  • Why should you choose Lombardy for living and vacationing in Italy?
  • Why does Lombardy attract entrepreneurs and investors?
  • Why is it worth investing in real estate in Lombardy?
  • Why do the lakes of Italy attract investors and tourists?

Lombardy: A Picturesque Region of Italy

Lombardy is a picturesque and diverse region located in the northwest of Italy. To the north of the region rise the majestic Alps, while to the south stretches the vast and fertile Po Valley. This corner of Italy includes twelve unique provinces, among which are Bergamo, Brescia, Como, Cremona, Lecco, Lodi, Mantua, Milan, Monza and Brianza, Pavia, Sondrio, and Varese. Milan, the capital of Lombardy, is not only the economic and financial center of Italy but also one of the main fashion capitals of the world, attracting the attention of investors from various corners of the globe.

Main Cities of Lombardy

BesidesMilan, Lombardy is home to other major cities such as:

  • Brescia
  • Bergamo
  • Como
  • Varese

These cities are also of interest to foreign buyers when purchasing real estate. The region is famous for its three magnificent lakes: Maggiore, Como, and Garda, which have long maintained a high level of interest among both locals and international investors in the housing market.

Lakes of Lombardy

These lakes are popular with tourists and locals alike, especially in the summer when they become the center of recreation and entertainment. Italian families often choose to relax by the water as a must-do element of their summer vacation.

Entertainment and goods at the lakeside riviera

Lakefront resorts offer a rich variety of entertainment options for every taste, including:

  • Water sports (kitesurfing, windsurfing)
  • Yacht trips
  • Beach vacation
  • Gastronomic tours
  • Ecological tours

In addition, the region boasts excellent ski resorts, such as Alta Valtellina, located in the Stelvio National Park, where skiers can enjoy 108 slopes. Among the most popular resorts in this area are:

  • Bormio
  • Santa Caterina
  • Livigno
  • Madesimo
  • Aprika
  • Val di Dientro

Transport and communication

For travelers planning a trip to Lombardy, Milan's main airport, "Malpensa," is located 50 km northwest of the city center, while "Linate" is just 7 km from downtownMilan. Direct flights from the capital of Russia to "Malpensa" are offered by the airlines "Pobeda" and Alitalia, with round-trip ticket prices around 23,000 rubles. Additionally, Lombardy is home to other airports, such as those in Bergamo ("Orio al Serio") and Brescia ("Brescia Montichiari"). The region is famous for its well-developed network of bus and train routes, making travel comfortable and convenient.

Why you should choose Lombardy

Why choose LombardyFor living or vacation? This region is known for its high quality of life, picturesque natural landscapes, clean environment, and unique architectural solutions for residential spaces. Here, you can find plenty of entertainment options, as well as a well-developed infrastructure that makes it easy to travel between cities and resorts. By purchasing real estate in Lombardy, you not only secure comfortable housing but also gain the opportunity to experience the Italian way of life, as well as quick access to major metropolises or the chance to enjoy winter sports and relaxation by scenic lakes.

The attractiveness of Lombardy for entrepreneurs

The border with Switzerland and the convenient location ofMilan's airport make Lombardy particularly attractive for entrepreneurs and businesspeople. The culinary culture of this region, like in other parts of Italy, holds paramount importance.

Culinary traditions of Lombardy

Here the locals favor a variety of rich dishes, often replacing the usual olive oil with fresh butter, which greatly enriches the taste sensations. Lombardy is famous not only for its meat and fish dishes, but also for its special use of corn, which makes its cooking unique in the south of the country.

Popular dishes

  • Polenta with cheese and casoncelli— aromatic ravioli with meat filling, recommended to try in Bergamo.
  • Traditional pork delicaciesYou can try baked larks made with butter in Brescia.
  • Risotto with saffron and minestrone— These dishes are worth trying inMilan, as this is where they were invented.
  • The region also offerspumpkin ravioliand dishes with asparagus, which is considered an important ingredient of the local cuisine.

The lakes of the region are known for their fresh fish, caught in the morning and prepared using a variety of recipes, which makes the local dishes even more appealing.

The wine culture of Lombardy

As for the wine industry, Lombardy offers a wide selection of wines, and one of the most popular local sparkling wines isFranchacortaWhen visiting this region, it's a must to try the various types.prosciutto and cheese— these are the fundamental products of Italian cuisine that give dishes a unique flavor and an unmatched charm that makes you want to come back to them again and again.

Shopping inMilan

In the realm of shopping, Milan rightfully holds the title.world fashion capitalIt's a true paradise for shopping enthusiasts and a dream for many ladies from around the world. Every six months, fashion weeks take place here, attracting numerous professionals and fashion industry enthusiasts.

Shopping opportunities inMilan

  • Fashion shows— an event that brings together the best designers.
  • Outletsand boutiques — a huge selection of designer clothing and accessories.
  • Showrooms- opportunity to see unique fashion collections from famous brands.

The real estate market in Italy

At the present stage, the Italian real estate market is showing noticeable signs of recovery after a prolonged crisis. Despite an overall decline in housing prices by 6% across the country last year, some regions are demonstrating positive trends in the growth of apartment and house prices.

In this regard, experts advise paying attention to the current situation as a favorable moment for investments. Prices are gradually starting to rise, and owners are open to negotiation, which means that delaying the decision to buy is not advisable. Lombardy remains the most economically developed and stable region in Italy. Prices for premium real estate here have maintained stability, with only a minimal decrease in value over the past 15 years compared to other parts of the country.

Why is it worth investing in real estate in Lombardy?

Investment opportunities in Lombardy

According to experts, Lombardy can be considered one of the safer regions for investment, as interest in real estate in areas near lakes and inMilan remains high.

In Lombardy, as well as throughout Italy, there is a unique opportunity to purchase objects with history - for example, castles that require serious restoration. Such buildings can serve both for personal residence and become the basis for a hotel business or resorts. The average cost of such objects is about€2000 per square meterAt the same time, it should be taken into account that the restoration costs may significantly exceed this amount.

Investment options

Milan

Milan is rightly considered the economic and tourist center of Lombardy, as well as the urban capital of fashion.

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For this reason, analysts highlight the region's capital as one of the most attractive destinations for investors. Milan is home to several renowned universities, which creates a constant demand for student housing.

Thus, purchasing small apartments near universities for further long-term rentals seems to be a very reasonable option. In addition, it is possible to consider options of buying housing in the city center for short-term rentals to tourists. Investments in hotels located in the central part of the city or in business districts can also bring profit. Russian investors will be able to earn in euros, which makes such investments even more interesting.

  • The prices for apartments ranging from 50 to 100 square meters in sought-after areas of the city vary from€200,000 to €500,000.
  • Luxury penthouses start at€4500 per square meter.
  • Similar price ranges are also typical for luxury apartments in different parts of the city.

Lake Como

Lake Como is considered to be a true scenic treasure of Italy, located in the foothills of the Alps in the north of the country near the Swiss border. The region is particularly attractive to celebrities, influential people and wealthy investors from all corners of the world.

It is important to pay attention to the high-quality real estate in this region – these are villas with magnificent views that have significant historical and architectural value. The western part of Lake Como is particularly attractive, but the eastern side, including the town of Lecco, also offers worthy options.

  • A regular apartment by the lake costs from€250,000 to €500,000.
  • Luxury villas with magnificent views can reach prices as high as€10,000 per square meter.
  • The amount for elite villas can exceed€2 million.

Lake Garda

Garda is the largest lake in northern Italy and a popular region among tourists. This location attracts visitors due to its well-developed infrastructure and picturesque natural landscapes.

The high interest in this region makes Lake Garda an excellent place for profitable real estate investments, offering numerous opportunities for both commercial ventures and leisure activities.

The appeal of Lake Garda

Sandy beaches, a wonderful ecosystem, a wide range of water activities, and opportunities for peaceful relaxation — all of this makes Lake Garda popular among both locals and foreign tourists.

The size of real estate prices here, of course, depends on the location and distance from the lagoon. In this resort it is possible to buy a modest apartment for the sum from€300,000...as well as a luxurious villa, the cost of which can reach up to...€750,000However, to become the owner of a house with a stunning view of the lake, you will need to pay at least€1 million.

Lake Maggiore and its features

Lake Maggiore is the second largest lake in Italy and is located in the north of the country, right on the border with Switzerland. Prices per square meter in this area range from€1000to€5000and even exceed that amount, depending on location.

Investors can consider various types of housing:

  • Cozy apartments with one to four bedrooms in modern complexes with a pool and garage, starting from€250,000to€300,000
  • Magnificent villas, the prices of which can reach€20 millionright on the beach
  • Villas located away from the water start at a price point of€800,000

The eastern side of Lake Maggiore

One should not forget about the eastern part of Lake Maggiore, particularly the city of Varese. In this area, you can find magnificent villas on spacious plots of land, nestled in quiet secluded spots surrounded by beautiful nature.

In this city, as well as in Como, there are international educational institutions, which creates certain advantages for families with children.

Real estate in Brescia

Brescia, located at the foot of the picturesque Alps, is the capital of the province of the same name and is known for its rich historical heritage and cultural landmarks.

In prestigious residential complexes with a swimming pool, you can purchase fully furnished apartments with an area of100 square metersfor€490,000...while a four-bedroom house in the suburbs can be purchased for a sum...€600 000.

Elite villas start from€3 millionand can have significantly higher prices. There are many commercial real estate options in Brescia; the price ranges shown depend on the condition of the property and its location, varying from€1.5 millionto€10 millionand above.

Lake Iseo

Lake Iseo is "strategically" located in the very center of northern Italy, between the provinces of Bergamo and Brescia. Bergamo itself is a charming city situated on the hilltops in the Po River valley and is divided into two main areas: Bergamo Alta and Bergamo Basso, separated by a fortress wall.

Lake Iseo attracts those who appreciate nature, fresh mountain air, and tranquility, as the pace of life here is much slower compared to the bustling shores of Lake Como, Garda, and Maggiore. Both locals from Italy and citizens from other European countries buy property here, seeking to enjoy the idyllic silence and beautiful nature.

Conclusion

To conclude my article on beautiful Lombardy, I want to emphasize once again the uniqueness of this region, which combines a high degree of living comfort, beautiful nature and a rich cultural heritage. Lombardy is not just a place on the map of Italy; it is a whole world in which modern achievements coexist with centuries-old traditions. Each of the region's 12 provinces offers its own unique experiences, whether it's enjoying fine cuisine in a Milanese restaurant, strolling along picturesque lakeshores or skiing in charming ski resorts.

As a person inspired by this region, I can't help but note that Lombardy has been a true revelation for me. Here, you can find the perfect blend of business activity and a peaceful lifestyle, allowing you to enjoy both career successes and personal time. The region's infrastructure is well-developed, providing additional conveniences for living and leisure. Lombardy is a gateway to the world of Italian culture and style, where traditions melt into the language of gastronomy, and shopping becomes a true art form.

Why should you choose Lombardy?

  • Picturesque landscapes:magnificent mountains and lakes.
  • High standard of living:comfortable living conditions.
  • Variety of entertainment:from skiing trips to gastronomic tours.
  • Stable real estate market:great investment opportunities.

Traveling in this region allows you to immerse yourself in an atmosphere of friendliness and warmth, which makes it particularly attractive to foreign investors and lovers of new experiences. The stable real estate market and its growing potential provide excellent opportunities for international residential and commercial real estate purchases.

Thus, if you are looking for a place that combines all the best features of Italy — from luxurious landscapes to a wealth of cultural traditions — Lombardy will be a wonderful choice. I hope my article inspires you to explore this amazing region, which will undoubtedly leave unforgettable impressions in your hearts. Lombardy opens its doors to everyone who is ready to enjoy life — and I am sure you won't regret embarking on this journey.

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