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Flat 60 м² in Milan, Italy

389 879 $

6 497 $ /м²

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Area

60 м2

Bedrooms

2

Bathrooms

1

Year of construction

1965

Two bedroom apartment for sale in the center of Milan, Lombardy, Italy

In the immediate vicinity of Piazza Napoli, a two bedroom apartment of about 60 square meters is for sale. It has been completely renovated and has never been previously occupied. It consists of an entrance hall, living room with open kitchen, balcony, laundry room, bedroom and bathroom with window and shower. The house also has a large basement and attic.

Characteristics:
- granite floors;
- motorized roller shutters;
- Velis boiler for hot water production;
- white interior doors;
- air conditioning in the living room and bedrooms;
- new electrical and plumbing systems that meet the standards confirmed by the declaration of conformity.

In addition, the condominium has approved extraordinary renovations with a 110% superbonus that will begin soon.

The central heating system with condensing boiler and thermostatic valves to control consumption is included (with an annual cost of €1,000). The double corner exposure combined with the internal cladding adds to the appeal of the apartment, which is being sold unfurnished and can be occupied immediately.

Services and facilities

Street window
Air conditioner
Heating system

Additional details

Property type

Residential Properties

Object type

Flat

Price

389 879 $

Condition

In Good Condition

Location

Downtown

Characteristics

Street window
Air conditioner
Heating system
City View

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 (389 879 $) 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).

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