Two bedroom apartment for sale in the center of Milan, Lombardy, Italy
Newly renovated and furnished two bedroom apartment is offered for direct sale without brokerage commissions. Located in an excellent civic area, close to Coop shopping center, M2 Cimiano metro station, Naviglio della Martesana and the Nolo neighborhood, this two bedroom apartment is ready to move in with no time commitment.
The apartment has modern views and a balcony, impressive finishes including parquet flooring throughout the apartment and rectified porcelain tiles in the bathroom. The apartment is also equipped with an induction hob, electric boiler and dishwasher. In addition to this, the apartment has LED lighting for visual comfort, an armored door and double glazed/pvc window frames for maximum thermal and sound insulation. In addition, the house has air conditioning hot/cold in every room and an energy efficient smart and wi-fi dual tank boiler with matte black fittings.
Characteristics
Property type
Residential Properties
Object type
Flat
Price
356 064 $
Condition
Furnished
Location
Downtown
Year of construction
1970
Services and facilities
Air conditioner
Street window
Garage/parking
Balcony or terrace
Heating system
Furniture
Lift
Window view
City View
FAQ
How can I get a residence permit by buying property in Italy?
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.
Is a mortgage available for non-residents in Italy?
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.
What taxes and fees apply when buying in Italy?
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.
How is the title checked in Italy?
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.
Can I rent out property after purchase in Italy?
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.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (356 064 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Italy?
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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