How much tax is paid on residential rentals?

If this amount does not exceed € 15,000 per year, it is taxed at 23% plus 2% of the annual rent. If the annual rental income is greater than € 75,000, it is taxed at 43% plus 2% of the total annual rent.

What is the property purchase payment process?

According to Italian law, non-residents must open a local bank account and transfer the full property purchase amount to it.

What documents are required to buy apartments in Milan?

Passport; Marriage certificate or premarital agreement; Tax identification code – codice fiscale (on request from an Italian consulate in the applicant's home country or the local tax authorities).

How much does it cost to maintain apartments in Milan?

On average, the tax on an 85 m² apartment is about € 850 per year. As for utility payments, they depend on the property. Anywhere between € 200-5,000 per annum for an apartment, depending on its size, while a villa with a swimming pool will be somewhere between € 1,200-6,000 per annum. The insurance fee depends on a property’s value and usually ranges from € 300-2,000 per annum (usually 1–2% of the property value).

Are there any extra costs related to the purchase of apartments in Milan?

For example, the payment of notary fees at 2–4% of the property's assessed value. This includes: Cadastral tax and a mortgage instalment – € 50 or € 200 depending on the buyer's residence permit availability; State duty – € 230; property tax – € 24.71; State register inscription fee – € 90; Notary fee – about 1–2.5% (for properties priced between € 300,000-1M the fee is € 5,000-7,000).

Apartments for sale in Milan, Italy, 61 offers to buy a flat in Milan

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With balcony/terrace

4-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

4 bedrooms

2-bedroom penthouse in Milan

Milan, Lombardy, Italy

Price on request

2 bedrooms

4-bedroom penthouse in Brera

Brera, Milan, Lombardy, Italy

Price on request

4 bedrooms

With balcony/terrace

Stylish studio apartment near the metro, San Siro district, Milan, Lombardy, Italy

Milan, Lombardy, Italy

Price on request

Total area 38 m² · 1 bathroom · Studio

Elite four-bedroom penthouse in the Torre Aria skyscraper, Porta Nuova district, Milan, Italy

Milan, Lombardy, Italy

12,000,000 €

Total area 330 m² · 4 bedrooms · 5 bathrooms

2-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

2 bedrooms

Elvira Gracheva

Head of Sales Tranio Europe

Residence Permit in Europe for Living, Travelling, and Capital Freedom

We will find the right programme, property, negotiate favourable terms, and support the transaction

Discuss Options

3-bedroom apartment in San Vittore

San Vittore, Milan, Lombardy, Italy

Price on request

3 bedrooms

With balcony/terrace

2 weeks ago

4-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

4 bedrooms

With balcony/terrace

1-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

1 bedroom

3-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

3 bedrooms

With balcony/terrace

3-bedroom apartment in Milan

Milan, Lombardy, Italy

1,380,000 €

3 bedrooms

With balcony/terrace

Designer spacious apartment in Porta Venezia area, Milan, Lombardy, Italy

Milan, Lombardy, Italy

2,600,000 €

Total area 255 m² · 2 bedrooms · 3 bathrooms

Garden view

3-bedroom apartment in Milan

Milan, Lombardy, Italy

1,800,000 €

3 bedrooms

With balcony/terrace

3-bedroom apartment in Milan

Milan, Lombardy, Italy

1,380,000 €

3 bedrooms

Garden view

Apartment in Milan

Milan, Lombardy, Italy

Price on request

With balcony/terrace

2-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

2 bedrooms

With balcony/terrace

4-bedroom apartment in Milan

Milan, Lombardy, Italy

1,530,000 €

4 bedrooms

4-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

4 bedrooms

3-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

3 bedrooms

With balcony/terrace

3-bedroom apartment in Milan

Milan, Lombardy, Italy

Price on request

3 bedrooms

Garden view

5-bedroom apartment in Brera

Brera, Milan, Lombardy, Italy

Price on request

5 bedrooms

4-bedroom penthouse in Milan

Milan, Lombardy, Italy

Price on request

4 bedrooms

5-bedroom apartment in San Siro for 2,200,000 €

Garden view

Today

5-bedroom apartment in San Siro

San Siro, Milan, Lombardy, Italy

2,200,000 €

5 bedrooms

5-bedroom penthouse in Milan

Milan, Lombardy, Italy

7,500,000 €

5 bedrooms

3-bedroom apartment in San Siro for 1,920,000 €

With balcony/terrace

2 weeks ago

3-bedroom apartment in San Siro

San Siro, Milan, Lombardy, Italy

1,920,000 €

3 bedrooms

1-25 of 61 listings, page 1 of 3

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Tranio case: buying an apartment in Madrid and obtaining Spain Golden Visa
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Tranio’s client experience: mountain chalet in the Alps for vacation and good rental income
Resort property in the French Alps is a prospective investment, both from the point of view of getting income in high season, and getting a "second home" for vacations in a sunny, comfortable Alpine climate. Alpine...