Property Abroad

Italy

Lombardy

Milan

House

House 170 м² in Milan, Italy

1 461 547 $

8 597 $ /м²

4OZcn

House 170m² in Italy, Milan. Priced at 1082547£ rent photo- #1

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Area

170 м²

Bedrooms

Bathrooms

Apartment for sale, Via Santa Croce,2, in Milan, Italy

Prestigious penthouse with terrace in the heart of the historic center of Milan, in a building built in 1952 with elevator and concierge service. Its strategic location allows you to enjoy breathtaking views of the city and walk to the main tourist attractions and shopping streets. On the sixth floor, on a commercial area of about 170 square meters, of which 130 square meters is the living area, 100 square meters is the floor terrace and 12 square meters are balconies, there are 4 bright rooms including 3 bedrooms, 2 bathrooms, kitchen, utility room and basement. Thanks to the large double-glazed aluminum windows, the whole property has a natural brightness that makes it even more cozy. A garage can be added to the house, which can be purchased in full ownership for an additional 50,000 euros. The only usufructuary at the age of 92 years.

Additional details

Property type

All Types

Object type

House

Price

1 461 547 $

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Milan; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Italy finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Italy takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Milan short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 461 547 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Milan: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).