Why should you pay attention to Busto Arsizio for investments in Italy?

Interesting cities around Malpensa

Between theMilan metropolis and Malpensa Airport, about 50 kilometers apart, there are several remarkable towns, each with its own unique atmosphere. For example, the town of Rho is famous for its exhibition venues, which regularly host international events. In Legnano, you can find the Dolce & Gabbana outlet, as well as an outstanding museum dedicated to Alfa Romeo cars. Don't miss the chance to visit Gallarate, where an impressive modern art museum is located.

Busto Arsizio as a promising location

Nevertheless, let's delve into the features of the city of Busto Arsizio, which Nina Kirzunova, the founder of Kirzunova Estate, mentions, urging investors to consider it as a promising destination.

Attractive location

Busto Arsizio is located just 20 kilometers from Malpensa International Airport, making this city extremely attractive for living and traveling. The airport serves nearly 7 million passengers annually, which underscores its importance. Nearby are two famous lakes of Italy — Lake Como and Lake Maggiore, which are on the border with Switzerland, while a bit further lies the magnificent Lake Garda.

Nature and relaxation

This picturesque region is popular not only among discerning tourists seeking active entertainment and stunning natural landscapes but also among those dreaming of a peaceful vacation on the Ligurian Sea, which can be reached in just an hour and a half by car.

Comfortable living in Busto Arsizio

Busto Arsizio is a dynamically developing city with a population of about 80,000 people. This place attracts visitors with its charm and the absence of mass tourism, allowing one to experience the true Italian atmosphere on its picturesque streets.

• Preschools
• Educational institutions
• Temples
• Restaurants with traditional dishes
• Supermarkets
• Pharmacies
• Boutiques of both global brands and local products

Entertainment and active recreation

There are plenty of entertainment options in Busto Arsizio as well: you can find bars, party clubs, sports facilities for international tournaments, as well as swimming areas and other active leisure spots.

Italian way of life

The rhythm of life in Busto Arsizio will give you the chance to enjoy typical Italian moments. The locals' mornings start with a cup of aromatic coffee, and they adhere to the principle of "let the whole world wait." The residents of the city lead a leisurely lifestyle, preferring the approach of "piano piano," which translates to "slowly."

In the morning, around half past eight, parents drop their children off at kindergartens and schools, and then gather at a café for leisurely conversations.

Working day and leisure culture

The working day for Italians typically starts at 9:30 AM and ends at 12:30 PM, after which there is a three-hour lunch break.“Italians know how to find joy in every day!”“Nina Kirzunova notes with admiration.”“As a person with a Russian mentality, I could hardly allow myself to have a three-hour lunch like my Italian colleagues do. It doesn’t bother them at all.”

Conclusion

In conclusion, Busto Arsizio is not only an attractive place to live, but it also symbolizes the importance of being able to enjoy moments in everyday life.

After lunch, the locals continue with their activities, sometimes until late in the evening, around seven o'clock. Then they meet with friends or loved ones to enjoy an "aperitif." This time provides an opportunity for pleasant conversation, accompanied by cocktails or glasses of prosecco and light snacks. The average cost of such an evening menu is about €6. Every Saturday, many people have a tradition of gathering together for dinner to chat and enjoy moments without haste. If you want to stay updated on the latest trends in the foreignreal estate market, it would be a good idea to subscribe to specialized Telegram channels.

The myth of high prices in Italy

There is a common misconception that real estate in Italy is too expensive, but this is just a myth. InMilan, apartments suitable for rent start at around €100,000. For that amount, you can find housing with an area of 50-70 square meters, located within the city and near metro stations. In the quieter and cozier Busto Arsizio, you can buy an apartment starting from €30,000! With that budget, it is quite realistic to get a small apartment of about 40 square meters in the city center, while a budget of €50,000 to €70,000 opens the door to apartments with a beautiful panoramic view.

Average real estate prices

If you look at the average prices per square meter, inMilan they are approximately €1,400–1,500 depending on the condition of the property. In Busto Arsizio, prices start at €800 and go up to €1,300. Many experts, including Nina Kirzunova, recommend paying attention to properties that are conveniently located near the center. This does not significantly increase the cost, but it provides a developed infrastructure and convenient transport connections to Milan.

The state of the secondary market

The secondary housing market in Busto Arsizio is renowned for its high quality. Thanks to the mild climate, buildings in this area are often in excellent condition. The current situation in the Italian real estate market offers a unique opportunity for buyers: in recent years, there has been a significant drop in prices, and they are now at a minimum. At the same time, the demand for rentals remains high.

Buying property at auctions

There are many ways to acquire housing at a lower price, such as through auctions, where some apartments in the suburbs ofMilan are available for as little as €12,000 to €15,000. Participation in such auctions is supported by specialized agencies that handle the collection of all necessary documents and their submission by the required deadlines. For example, if the auction is scheduled for November 25, all applications and checks for 10% of the starting price must be submitted by that date. If a participant does not win the auction, their deposit is refunded. Each lot has its own bidding increment, which ranges from €200 to €1,000. The winner of the auction is determined by the highest bid.

Presence at the auction

Despite the fact that the agent takes care of all the organizational aspects, the buyer's presence at the auction is mandatory, as all actions are carried out in their name. Such auctions open up numerous opportunities for purchasing real estate under more favorable conditions and allow not only for investment in housing but also for significant savings on its acquisition.

Auctions of confiscated properties

Recently, auctions featuring properties previously confiscated from borrowers have become particularly relevant. In cases where a borrower is unable to meet their mortgage obligations, financial institutions have the opportunity to seize the property and then sell it at a price corresponding to the remaining debt.

An interesting option for investors could be the purchase of real estate that requires serious renovation. For example, in the well-knownMilan district of Porta Venezia, there are two apartments located on the same floor. One of them was recently renovated and had a price of 1.2 million euros, while the other, which was in worse condition, was offered for 300,000 euros. Ultimately, the first apartment was successfully sold after the necessary renovation work was completed," shares her observations Nina Kirzunova.

Cost of repairs

Price parameters for repairsThey depend both on the initial condition of the property and on the preferences of the new owner. In some cases, a complete overhaul of the electrical wiring and plumbing systems may be required, while in others, simply updating the wall finishes or replacing the windows will suffice. Therefore, before making a decision to purchase a property for renovation, it is crucial to carry out a detailed calculation of the potential costs for the repair work.

Rental options

Regarding the rental question, apartments in Busto Arsizio can be rented for both short and long terms. This creates a certain interest among both tourists and businesspeople coming to the city for exhibitions, fashion weeks, and international conferences. Long-term rentals are also popular, as many airport employees live in this area, and many Milanese prefer to settle in the suburbs.

Increase in the number of tenants

Market rental statistics show an increase in the number of students interested in renting housing.

Unique apartment in Milanese style

A unique apartment is for sale, designed in exquisite Milanese style, featuring one bedroom and located on the second floor without an elevator. The property has been fully renovated and is equipped with modern furniture and appliances. It is situated in close proximity to the city center, ensuring convenience.

In the apartment, you can find:

• a spacious living room,
• a separate kitchen-dining room,
• a cozy bedroom with a double bed,
• the hallway.

The total area of the apartment is47 square metersand the price is312,000 €according to the data from Alisa Estate.

Elegant two-room apartment with a balcony

There is also an elegant two-room apartment with a balcony located inMilan at 11 Pietro Crepsi Street, priced at320,000 €This property is located on the third floor of a historic building with an elevator, just a short walk from two lines of theMilan metro: MM1 Pasteur and MM1-MM2 Loreto.

The apartment's interior is designed in a modern style and fits perfectly with the character of the historic part of the city.

Four-room apartment in Barzano

Another attractive investment could be a four-room apartment in the picturesque town of Barzano in the Lecco region. This property has an area of100 square metersincludes:

• three bedrooms,
• a separate kitchen,
• two bathrooms,
• garage.

The complex where the apartment is located offers a variety of amenities, such as:

• pool,
• football and tennis courts,
• gym.

In addition, there is a separate laundry room, as well as the option to use a shared laundry if needed. The cost of this apartment is€330,000.

Completely renovated apartment

Among the interesting offers, there is also a completely renovated apartment with an area of60 square meterslocated on the high first floor of a historic building, in a quiet area of the city. This interior provides sound insulation and allows you to enjoy a peaceful atmosphere.

The apartment is located at Eustachi Street, 4, within walking distance of Porta Venezia metro station, as well as convenient transport routes, including buses and trams. The price of this property is340,000 €.

Three-bedroom duplex apartment

In addition, in the nearby suburbs of the city, you can find a bright and cozy three-bedroom duplex apartment located just a ten-minute walk from the Bussero metro station. Such an offer will cost the owner...360,000 €.

The entrance to the apartment is from the street, and the presence of two separate entrances allows the space to be used as two independent apartments, which is well-suited for a large family or potential commercial use.

Apartments in the historic districts ofMilan

For those interested in the historic neighborhoods ofMilan, there are apartments of various sizes for sale in the Via Cenisioto area. The developer is offering residential units in a historic six-story building that is set for complete restoration.

The project includes the modernization of all communications and a reconfiguration, which will make these apartments attractive to future tenants and owners. The size of the apartments varies, and more information can be obtained at the Alice Estate agency office.

Real estate inMilan: attractive offers

In ItalianMilan, there are a large number of attractive options in the real estate market, offering a variety of conditions and prices. One of the interesting offers is an apartment priced at370,000 €, with an area of60 square metersThis apartment is equipped with modern lighting fixtures that allow you to choose between direct and diffused light, creating a unique atmosphere that promotes comfortable living.

The air conditioning system here operates on hydronic technology, providing both cooling and heating, while the central heating maintains optimal temperature conditions. Natural oak is used in the interior, adding coziness and a stylish design to the space.

Apartment near Piazzale Siena

In addition, in a quiet area near Piazza Piazzale Siena, you can purchase an apartment with an area of55 square metersfor376,000 €A new residential complex is planned to be built in this area.15 comfortable apartmentsThis corner ofMilan is famous for its history and cultural aspects, featuring significant buildings such as the Church of San Siro alla Vepra and the statue of the horse created by the renowned Leonardo da Vinci.

Apartment in the Corso Buenos Aires area

It is also worth paying attention to the apartment for...430,000 €, which occupies52 square metersIt is located on the third floor of a building with a carefully designed facade. This property offers two bedrooms and a balcony and is situated in the Corso Buenos Aires area, making it conveniently located near several metro stations:

• MM1 Loreto
• MM2 Caiazzo
• MM3 Central FS

Restored villa inMilan

Another attractive offer is a well-restored villa for449,000 €, the area of which is97 square meterswith a separate entrance and a terrace area20 square metersThe villa is located in the courtyard of a house built inin the 1960sin a popular area near Freedom Park. On the first floor, there is a spacious two-room apartment occupying about53 square meters.

Prestigious residential complex Segrate Village

In the prestigious residential complex Segrate Village, located in the east ofMilan, you can purchase an apartment with an area of200 square metersfor520,000 €This complex consists of four buildings and is located on a total area of nearly80 thousand square meterssurrounded by bike and pedestrian paths.

Among the amenities available to residents are:

• swimming pool
• gym
• a modern playground with an attractive design

New apartments in the heart ofMilan

In conclusion, new apartments are being offered in the center ofMilan, with an area of69 square meters, for550,000 €, the construction of which is planned to be completed at the beginning2025The project is located in the prestigious Parco Sempione area, just a few steps away from the picturesque Arco della Pace.

The data of this apartment exemplifies a modern architectural and design approach, where attention to detail plays a crucial role in its appeal to consumers.

The best apartment inMilan from Alice Estate

Alice Estate is pleased to present a magnificent apartment for sale inMilan, priced at €600,000. This stylish and comfortable residence is located in one of the most prestigious areas of the fashion capital. Here, modern buildings beautifully harmonize with exquisite examples of 19th-century architecture.

Only high-quality natural materials, such as wood and various types of stone, have been used in the finishing. The apartment is equipped with an integrated management system that allows for easy control of all communications and creates a comfortable, stylish atmosphere.

Proposal from NF Group

A wonderful opportunity is the offer from NF Group, which has put up for sale an apartment with an area of 70 square meters for €625,000. This new property is located in a prestigious part of the city, at Via Luigi Canonica, 38.

• The area of the apartments ranges from 70 m² to 97 m².
• The cost can reach €920,000.
• The house is scheduled to be put into operation in the spring of 2025.

Modern apartments from Alisa Estate

The next interesting option from Alisa Estate is modern apartments with an area of 117 m², priced at €720,000. These new buildings are located in a great area, with an expected completion date in the fall of 2023.

Payment is offered on favorable terms, including installment plans. It is worth noting that there are only three apartments left for sale, which indicates high demand for this property. The sale of the entire complex took just two months, which is a true record.

Construction of the Martesana Naviglio company

Among the significant proposals, it is worth highlighting the project by Martesana Naviglio, which has begun construction of a six-story residential complex featuring apartments with 2, 3, and 4 rooms. The project includes:

• Basements
• Garages
• Rooftops with private gardens

Three-room apartment for €740,000

Another impressive offering from Alisa Estate is a three-room apartment priced at €740,000, with an area of 130 m². This apartment features two bathrooms and a separate kitchen, making it very convenient for living.

There is a spacious terrace with a breathtaking view of the picturesque surroundings, and the convenient transportation infrastructure will be a great advantage for residents. On the opposite side, a shopping center with 250 stores and a cinema is planned to be built.

Residents of the complex also have access to various services, including:

• Gym
• Spa salon
• Sauna
• Parking with charging stations for electric vehicles

Unique three-room apartment for €780,000

There is also an interesting option for €780,000 — unique three-room apartments in a stylish building that has recently been renovated. These apartments are located on the second floor, where there is no elevator.

• The total area of the apartment is 100 square meters.
• Includes an entryway, a spacious living room with a fireplace, a bedroom with a large bed and a separate bathroom, as well as a spacious walk-in closet and an office.

Apartment for €850,000 after complete renovation

Another option is an apartment priced at €850,000, which is perfect for those looking to settle into a fully renovated home. This apartment:

• Located in one of the best neighborhoods inMilan, just 20 meters from the Gambara metro station.
• It offers a cozy interior and a total area of 110 m².
• It has three bedrooms, two bathrooms, and two balconies, with windows facing opposite sides of the building.

This house, with its charming facade and stylish, high-quality renovation, has its own unique character.

Apartments in the residential complex "Winter Gardens"

In conclusion, Alice Estate offers another interesting option for €850,000 — apartments in the residential complex "Winter Gardens." The total area of these apartments is 70 m² and they are designed for one bedroom.

These apartments are thoughtfully designed to create a unique and cozy living experience inMilan, offering their owners high standards of comfort and style.

Conclusion

In conclusion, I believe that Busto Arsizio has enormous potential for both living and investing. This city, which combines a traditional Italian atmosphere with proximity to modern amenities, has features that can bring joy and comfort to everyday life. Its accessibility fromMilan and Malpensa International Airport, as well as its closeness to beautiful lakes, make it an ideal place for both permanent residence and short trips.

The city's infrastructure is well-developed, and its calm pace of life, based on the "piano-piano" concept, allows you to enjoy every moment. Not to mention the opportunity to immerse yourself in the diverse culture and gastronomy that awaits you at every corner. Busto Arsizio has not fallen victim to mass tourism—here, the authenticity of local life is preserved, making the experience of getting to know the city truly special.

Advantages of living in Busto Arsizio

• Accessibility fromMilan and Malpensa Airport.
• Proximity to picturesque lakes: Como, Maggiore, and Garda.
• A calm rhythm of life with an emphasis on enjoying the moment.
• Developed infrastructure: schools, kindergartens, restaurants, and shops.
• The lack of a large influx of tourists preserves the local charm.

As Nina Kirzunova emphasizes, while housing prices inMilan are generally high, Busto Arsizio offers opportunities for sensible real estate investments.The existing opportunity to purchase apartments at reasonable prices.Especially through auctions, it represents a unique opportunity for those looking for both places to live and rental prospects. I am confident that interest in this city will grow, as it combines convenience and appeal, making it ideal for modern people.

Why should one pay attention to Busto Arsizio?

• Reasonable prices for real estate.
• Promising opportunities for rental.
• Cultural diversity and traditional cuisine.
• A unique lifestyle that includes spending time with family and friends.

So, if you are considering investing in Italian real estate or just looking for a comfortable place to live away from the noise of the metropolis,Busto Arsizio definitely deserves your attention.I hope this article has helped you discover this wonderful corner of Italy and understand why it has become a true find for me and many others. Life in Busto Arsizio is not just about moving to another city; it's an opportunity to become part of a unique way of life that values the present, enjoys the simple things, and opens up new horizons.