Located in the heart of Italy’s economic and fashion hub, this elegant and well-appointed apartment in Via Monte Amiata is now on the market for €1.44 million, a great value as property prices in the city continue to rise. Blending historic Milanese charm with modern luxury, this apartment offers the perfect city base.
Frimm Academy Milano, the real estate agency representing the sale with more than 25 years of experience, describes it as ‘a unique opportunity for those seeking a prestigious home in one of the most sought-after and dynamic areas of the city.’
An architectural gem updated for modern day dwellers
Away from the bustle, the newly-listed apartment serves up 160 sqm of space, with bright and airy interiors. The home features real oak floors throughout, while high ceilings and large windows add to the sense of space. Another highlight is the marble-clad bathrooms which look like they have been plucked out of a luxury hotel.
Meanwhile, it is easy to forget you are in the city center with double-glazed windows providing excellent acoustic insulation. The windows also help provide insulation for the cooler months, while ducted air conditioning in all rooms ensures comfort in every season.
The apartment comprises a spacious and welcoming living room with an elegant bow window offering a breathtaking view of the Three Towers of CityLife.
Along with two bedrooms — including a master complete with a large walk-in closet and light-drenched ensuite – the unit offers a fully-equipped kitchen with a balcony and sweeping living room for entertaining.
Another plus is the large hallway, which the realtors note could be used as a second walk-in closet or storage space. Rounding things out, the apartment comes with a lockable basement garage space.
A convenient location for both business and tourist travel
While the apartment comes with space for parking, Via Monte Amiata’s prime location means a car isn’t necessary for getting around. The apartment invites residents to explore the aforementioned CityLife district and it is also a stone’s throw from the old city center of Milan.
Adding to the convenience, it is also a short walk from the M1 metro line, which runs to the city’s key areas, making it a useful base for both business and tourist travel.
However, the CityLife area has become a meeting point for many people and it is now considered the modern heart of Milan. Along with a plethora of shopping opportunities, the neighborhood is peppered with businesses and it has an array of impressive skyscrapers which have drawn praise from architectural enthusiasts from around the world.
CityLife, Milan, Italy
One of the standout buildings is the Torre Isozaki, which was completed in 2015 and masterminded by Japanese starchitect Arata Isozaki. It now stands as the tallest skyscraper in Italy at 209 metres.
Torre Hadid, the second tallest CityLife skyscraper (also nicknamed the Crooked One because of its unusual shape) was designed by the award-winning Anglo-Iraqi architect Zaha Hadid.
An ideal investment opportunity as the Milan housing market booms
The 2015 World Expo helped spark a property boom in Milan with house prices up 27 percent through 2014 to 2024 on average, or 52 percent in semi-central areas. This year, that trend has continued and realtors say this applies to both rental and to-buy properties.
Milan, Lombardy, Italy
Bloomberg reported that the city has been flooded by foreign bankers, fund managers and private equity investors since the government started granting generous tax breaks in 2017 to reel in new arrivals. It has also become a popular landing spot for finance workers leaving London in the wake of Brexit.
A big part of Milan’s appeal for foreigners is its location, with it being just an hour’s flight from the financial center of Frankfurt and less than two from London. Meanwhile, the coastal and mountain regions are easily drivable for year-round weekend getaways.
With thousands of foreigners flocking to the city, luxury properties are now in short supply.
A property opportunity not to be missed
The Frimm Academy Milano realtors expect the residence in Via Monte Amiata to move quickly thanks to its offering in terms of space, slick interior design and prime location.
The apartment is just one example of some of the unique luxury Italian properties currently listed with JamesEdition. To learn more, contact Frimm Academy Milano.
