Home Business $1.5 Million Homes in Milan

$1.5 Million Homes in Milan

by admin


This two-bedroom, two-bath apartment is on the mezzanine level of a five-story building from 1906, at the northwest edge of Milan’s historical center.

The neighborhood takes its name from Castello Sforzesco, built in 1358 on what is now Parco Sempione. The castle now houses seven municipal museums, including one dedicated to musical instruments and another to decorative arts. The apartment is on Via Antonio Canova, a broad, curved residential street steps from Parco Sempione’s northern edge.

The Cadorna station on the Line 1 red line of Milan’s Metro is less than a mile south of the apartment. Milan’s Chinatown is about a half-mile northeast. The partially completed CityLife, a residential and shopping complex with designs by Zaha Hadid Architects and Daniel Libeskind, is about a half-mile west. Milano Centrale Railway Station is about two miles east.

A full-time concierge serves the building.

Size: 1,291 square feet

Price per square foot: $1,215

Indoors: The building’s elaborately carved front doors are a typical period detail for this part of Milan, along with the lobby’s marble floors, decorative plaster and arches. A tall wood door opens to an airy living/dining space with 11-foot ceilings. Original stained-glass panels adorn the dining area. Living and dining furniture, including a sofa, coffee table, dining table and chairs, come from Italian makers including Poliform, Egoitaliano and Longhi; the filigreed pendant light fixture is by British design studio Tom Dixon. The apartment is being sold furnished.

The kitchen, finished in white, has a large stainless-steel sink and a dining nook. A small corridor leads to the bedrooms, which are separated by a laundry room. The main bedroom, which faces the back of the building, has floor-to-ceiling storage and a white-tiled en suite bath. In the second bedroom, floor-to-ceiling mirrors conceal large closets. The second bedroom overlooks Via Francesco Domenico Guerrazzi, a quiet residential street.

Outdoor space: A walkout from the living room leads to a small, curved terrace, which also connects to the kitchen. A roughly 110-square-foot cellar, accessed through the back of the building, belongs to the apartment.

Costs: Noncitizens must obtain an Italian tax identification number from the country’s immigration authority or an office of the national police force. Italy imposes property taxes on an owner’s primary residence if it is assessed as a “luxury” home, generally defined as at least 240 square meters (2,583 square feet). If this apartment is not a primary residence, the annual tax will be €3,200 ($3,465). Condo fees, including heating, are €350 ($380) a month.

Contact: Renato Olivelli, Milan Exclusive|Christie’s International Real Estate, +39-02-8492-7554, milanexclusive.it


Set on the left bank of the Naviglio Grande canal in south-central Milan, this two-bedroom, two-bath loft covers two floors in a century-old courtyard that once housed a warehouse. The apartment shares the building with a dental office and a modeling agency with a fashion showroom.

The neighborhood’s name, Italian for “navigable canal,” reflects its commercial history. After decades as an industrial zone, the area now offers dining, nightlife and art. Options within walking distance include Ostriche & Vino, for oysters and seafood; Miradoli Arte Contemporanea, showcasing young artists; and the popular cocktail bar Rita. Colleges, including the Nuova Accademia di Belle Arti design school and the business-focused Bocconi University, are less than two miles away. Milan Malpensa Airport is about 40 miles northwest, while the Milano Centrale Railway Station is about five miles northeast.

Size: 2,055 square feet

Price per square foot: $773

Indoors: A ground-floor entrance opens to a small hallway that leads to both bedrooms, which feature dark-stained hardwood floors and floor-to-ceiling storage behind folding doors. The bedrooms face the back of the building, reducing noise from the bustling Naviglio Grande. A windowed bathroom in minimalist gray stone has a floating double sink, stand-alone tub and shower. The first floor also has a laundry room.

Up a flight of gray stone stairs, a wall of windows overlooks low-slung residential buildings nearby. A picture window on the opposite side frames the neighboring Santa Maria delle Grazie al Naviglio church. The sale includes custom furniture designed by the seller, including a square glass dining table with four upholstered lavender chairs, an L-shaped sofa in white, and a low glass coffee table. The sofa faces built-in bookshelves and a floor-to-ceiling mirror. The custom kitchen, also designed by the seller, has a stone island topped with stainless steel. Pendant fixtures light the kitchen. The second floor also has a small office and a bathroom.

Outdoor space: The living room opens to a 400-square-foot tiled terrace, landscaped and partly covered. Outdoor furniture is included.

The sale also includes a private cellar and storage space under the building. A deeded spot in the parking garage, essential in an area with scant street parking, is available for an additional €70,000 ($75,800).

Costs: If this apartment were not the owner’s primary residence, annual property taxes would be about €3,300 ($3,570). Annual common fees are €3,280 (about $3,550). Property owners in Italy pay a variable tax on garbage called the tassa sui rifiuti, or TARI, which is recalculated when a home changes hands.

Contact: Alberto Viscardi, Engel & Völkers Milano Porta Romana, +39-02 -9443-3311, engelvoelkers.com


This three-bedroom, two-bath apartment is in Milan’s historical center. The five-story building stands next to the site of the city’s first synagogue, which opened in 1840.

The landmark Duomo cathedral and famed Teatro alla Scala are less than a mile north, along with Galleria Vittorio Emanuele II, the 19th-century commercial gallery that links them. University of Milan, one of Europe’s largest colleges, is a half-mile east. Missori station, on the Metro’s M3 yellow Line, is a five-minute walk. A new Blue Line station is expected to open nearby in 2025. Milan Linate Airport, the city’s second-largest, is about six miles east.

Luxury shopping areas including Montenapoleone and Via Venezia are nearby, as is Ticinese market, one of Milan’s 21 municipal covered markets. Via Stampa, a popular restaurant serving traditional Milanese cuisine, is two doors down.

Size: 1,776 square feet

Price per square foot: $813

Indoors: The building’s tall blue front doors, with their geometric designs, are typical of a prewar Italian style. They open to the marble lobby, which includes an elevator and a staircase with modern wrought-iron railings.

The second-floor apartment is bisected by a long, wood-paneled hallway, with the large living room and a bathroom on one side and the bedrooms and kitchen on the other. Both bedrooms have herringbone parquet floors. The principal bedroom includes a large en suite bathroom with a black tiled floor, a large Deco-inspired mirror and a curved whirlpool tub. The second bedroom has full-length closets behind stained-wood doors. Both bedrooms face the back of the building. The white-tiled kitchen has a gas stove with large range hood and a dining nook.

The apartment’s original terrazzo floors include a mosaic in the living room whose inlay resembles three snakes. The building’s concierge works until noon daily.

Outdoor space: There is a small balcony off the living room.

Costs: Condo fees are €580 ($628) a month, and include heating. If the apartment is not a primary residence, the annual IMU tax will be €3,700 ($4,000).

Contact: Giacinta Ulrich, Milan Exclusive|Christie’s International Real Estate, +39-02-8492-7554, milanexclusive.it

For weekly email updates on residential real estate news, sign up here.

Source link

related posts