Market insights Milan | Rome
Market Report Milan | Rome 2025
In our Milan | Rome 2025 Market Report, developed in collaboration with Nomisma, we present an in-depth analysis of the prime real estate market in two major Italian cities: Milan and Rome. The report explores demand dynamics, price trends, and future prospects, with a focus on the most exclusive areas and the factors that influence their value, such as location and the condition of the properties.
Market insight Milan | Rome
Key trends in brief
Market trends
In the first quarter of 2025, real estate transactions accelerate in the main Italian cities. In Milan, transactions grow by 7.1% compared to 2024, driven mainly by central and redeveloped areas such as Brera and the Quadrilatero. Rome records an even stronger increase, +10.7% over the same period.
Price trends
In Milan, prices for new or renovated properties range between €7,000 and €12,000 per square meter, while in Rome they are around €10,000 per square meter. In both cities, higher peaks are reached in the most prestigious areas.
Type of demand
In Milan, renovated homes are quickly absorbed by the market, with rents increasing in central areas. In Rome, demand is growing for properties with terraces, gardens, and historic buildings, along with interest in high-end new developments. The rental market, also driven by tourism, confirms that comfort and efficiency are now decisive factors for both purchase and investment decisions.