If you are thinking of buying, selling or renting a property in Milan, knowing how the market is performing in the most prestigious areas is essential. In this article we focus on one of the liveliest and most desirable parts of the city: the Central band taking in the historic and dynamic areas of Venezia, Porta Vittoria and Porta Romana.
These districts offer a perfect mix of residential elegance, first-class amenities, green spaces and fast connections thanks to a dense public transport network (the M1, M3 and M4 metro lines and the suburban rail link). Whether you are an investor seeking solid returns or a private individual wishing to settle in a prestigious area, an analysis of property values will give you the ideal compass for moving with confidence.
To ensure maximum transparency and accuracy, all the data presented in this guide comes from the official surveys of the Italian Revenue Agency (OMI database) and refers to the second half of 2025.
Buying: prices per sqm for homes and garages
The sales market in this central band of Milan shows solid, competitive values reflecting the high quality standard of the area. Below are the average prices per square metre for buying civil dwellings and garages, broken down by state of repair:
| Type | Sale €/sqm |
|---|---|
| Civil dwellingsExcellent condition | 9,100 – 12,000 |
| Civil dwellingsNormal condition | 6,500 – 9,000 |
| GaragesNormal condition | 2,600 – 4,300 |
Civil dwellings in excellent condition are the ideal choice for those looking for homes ready to live in or recently renovated in prestige settings; those in normal condition offer interesting scope for appreciation after renovation. In a central, densely populated area, finally, a parking space is an asset of enormous value.
Renting: monthly rents per sqm
The rental market in this part of Milan is marked by consistently high demand, driven by professionals, families and students from out of town drawn by the quality of life and the proximity of the main universities and business hubs.
Below is the summary table of monthly rents expressed in €/sqm a month:
| Type | Rent €/sqm month |
|---|---|
| Civil dwellingsExcellent condition | 27.1 – 37 |
| Civil dwellingsNormal condition | 19 – 27 |
| GaragesNormal condition | 11 – 18 |
Practical Examples of Monthly Rent Calculation
To better understand the impact of these figures on a monthly budget, here are two practical rent simulations (service charges excluded):
60 sqm one-bedroom flat in excellent condition. Minimum rent: 60 sqm × €27.1/sqm = €1,626 a month; maximum rent: 60 sqm × €37.0/sqm = €2,220 a month. Estimated spending range: from €1,626 to €2,220 a month.
80 sqm two-bedroom flat in normal condition. Minimum rent: 80 sqm × €19.0/sqm = €1,520 a month; maximum rent: 80 sqm × €27.0/sqm = €2,160 a month. Estimated spending range: from €1,520 to €2,160 a month.
Why invest in this particular area
On the basis of the official data from the Italian Revenue Agency for 2025, investing or settling in the Venezia, Porta Vittoria and Porta Romana areas offers three undeniable strategic advantages:
High resilience of property value: as these are central, highly attractive districts, purchase demand remains solid even in variable macroeconomic conditions. The minimum starting price for a home in normal condition (€6,500/sqm) shows an extremely solid value floor, rising to €12,000/sqm for new or excellent condition, ensuring preservation of capital over time.
Extremely attractive rental returns: with rents reaching €37/sqm/month for apartments in excellent condition and €27/sqm/month for those in normal condition, the potential return for owners is among the highest in the city, significantly shortening the payback period on the investment.
The security of a high-demand asset (garages): with garage rents of between €11 and €18/sqm/month and relatively contained purchase prices, investing in a garage is a low-risk, highly liquid move, given the chronic shortage of parking in these central areas.