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Quadrilatero della Moda


Italy - Milan

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Quadrilatero della Moda - Milan

The Quadrilatero della Moda, also known as the Quadrilatero d'Oro, is the unmissable and most luxury district of Milan. The area is entirely dedicated to fashion and luxury and is home to all the big designer names and most luxurious stores in the world cluster, such as Dior, Gucci or Rolex among others. The prestigious neighbourhood also welcomes splendid old buildings, some of them are listed and belong to the wealthiest Milanese families and are particularly sought after. Delimited by four main streets including the famous Via MonteNapoleone, the Quadrilatero della Moda is also made of splendid narrow streets, magnificent historical palaces and stunning landmarks.

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Market Overview

The real-estate sector in Milan is very dynamic and has a constant growth. With an average of 6,700 euros per square meter, Milan is almost twice less expensive than Paris and Rome. This phenomenon could be explained because of the 2007 crisis, which considerably impacted the city. However, foreign investments increase over the years in Milan since then and the following years may confirm this tendency.

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Who buys?

The main investors who choose Italy as the country to purchase a property equally come from the United Kingdom and Italy. The majority of the other investors come from Russia and the rest of Europe.

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Buying basics

It is possible to buy a property in Italy if you respect the various administrative formalities. It is highly recommended to contact a professional of the real-estate sector. The signature of the sales contrat must be held before a notary. The latest will deal with the writing of the contract, the transaction registration as well as the payment of various taxes (such as the local property, the capital gains, the wealth and inheritance taxes).

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Milan
Hotspots in Milan

Milan is located in the North of Italy and it is the second largest city of the country. This is the capital of the Lombardie region and is also the economic capital of Italy. This city is a large and dynamic metropolis, where history meets up with modernity as the city is punctuated by historical monuments. This is a place which gathers museum and art galleries. Milan has a nice range of assets: It is renowned for its business center with the Milan Stock Exchange, along with its trendy bars, its elegant design and above all, for its fashion center, as Milan is internationally recognized for being one of the style capitals. The greatest couturiers and luxury brands have their headquarters in Milan.

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