The Barona, Famagosta and Faenza area stands confirmed as one of the most dynamic and interesting parts of the Milanese residential scene. Marked by excellent connections with the rest of the city — thanks to the M2 metro (green line), numerous surface routes and proximity to the main motorway arteries — this area offers a perfect blend of liveability, green spaces (such as Parco Teramo) and essential amenities. Whether for university students drawn by the proximity of IULM or families seeking calm without giving up Milanese amenities, this district has a great deal to offer.
To understand the local market as well as possible, we analyse the official data of the OMI database of the Italian Revenue Agency for the second half of 2025. These values are the official source and the indispensable point of reference for anyone wishing to move with confidence in the property sector of this dynamic outer area of Milan.
Buying: how much does a home or garage cost in Barona, Famagosta and Faenza?
Buying a property in this area is a strategic investment, with prices extremely competitive compared with the Milanese average but marked by excellent potential for appreciation. Below are the prices per square metre for the main residential options and for appurtenances:
| Type | Sale €/sqm |
|---|---|
| Civil dwellingsExcellent condition | 4,100 – 5,100 |
| Civil dwellingsNormal condition | 2,700 – 4,000 |
| GaragesNormal condition | 1,400 – 2,200 |
The excellent-condition values refer to recently built properties, fully renovated or with a high energy rating; those in normal condition apply to apartments in liveable condition or needing some modernisation work. Buying a garage, finally, is essential in a congested city like Milan.
Renting: the rental market and monthly rents
The rental market in the Barona-Famagosta-Faenza area is extremely active, driven by strong demand from students, young professionals and families. The monthly rents per square metre, officially set out by the Italian Revenue Agency, highlight the profitability of this area:
| Type | Rent €/sqm month |
|---|---|
| Civil dwellingsExcellent condition | 15.1 – 22 |
| Civil dwellingsNormal condition | 10.5 – 15 |
| GaragesNormal condition | 5.5 – 9.5 |
A practical example of monthly rent calculation
To better understand the impact of this data on the pockets of tenants and owners, here are two practical scenarios based on the average values for the area:
60 sqm one-bedroom flat in excellent condition (e.g. fully renovated). Minimum rent: 60 sqm × €15.1/sqm = €906/month (charges excluded); maximum rent: 60 sqm × €22.0/sqm = €1,320/month (charges excluded). Estimated average price: about €1,113 a month for an apartment ready to live in.
80 sqm two-bedroom flat in normal condition (e.g. good original order). Minimum rent: 80 sqm × €10.5/sqm = €840/month (charges excluded); maximum rent: 80 sqm × €15.0/sqm = €1,200/month (charges excluded). Estimated average price: about €1,020 a month, an ideal solution for families or student sharing.
Why invest in the Barona, Famagosta and Faenza area?
In the light of the official OMI values for the second half of 2025, investing in this district offers three fundamental advantages:
Excellent value for money: purchase prices (starting from €2,700/sqm for normal condition) are among the most accessible in Milan, while still offering a high quality of life, excellent connections and a strong presence of green spaces.
High and stable rental returns: thanks to steady demand from university students (IULM, NABA) and workers, letting a property in excellent condition can yield up to €22/sqm a month, ensuring a secure cash flow and rapid payback on the investment.
Prospects of future appreciation: the district is at the centre of ongoing urban regeneration projects and improvements to amenities. Buying today means securing a property asset set to grow in value in the years ahead.