My dear Milan

In Milan to meet Milanese - a rarity, but visitors from all over Italy and all over the world here abound. Why? Because the city is able to offer jobs to many: even the inhabitants of Rome, sometimes moving to Milan in search of a better life. New "Milanese" have to shoot or buy housing here, and it is not surprising that real estate in Milan - the most expensive in Italy. Milan and the other from the point of view of both the economy and mentality of the North of Italy and South is like two different states. Suffice it to say that half of all real estate transactions have on the North, and Central and South difficulty mastering the remaining half. The most economically developed areas of the North - Lombardy and Veneto. Their main cities, Milan and Venice, respectively, hold the palm for years in terms of "the most expensive real estate" and "the fastest growing real estate prices." In the period from 1998 to 2005, housing prices in Milan rose by 158%. Of course, the biggest jump occurred in anticipation of the euro, after which the market has stabilized somewhat. However, in 2005 growth was 6.7%, and in the heart of even 7.5%. Not surprisingly, the market turned, they say, "overheated" in 2006 and 2007 price increases slowed. In 2008, the most authoritative Italian business publication Il Sole 24 Ore predicts even a slight decline in prices in large cities, namely - 2% for the Milan and Rome, with a simultaneous decrease in the volume of sales transactions by 8%. The explanation for this phenomenon is simple: property prices in big cities too rushed ahead, while living in Italy does not depend directly on the size of the city. Moreover, in the medium and small cities of the ecological situation is usually better, and cost of living is lower. With regard to the difference in property prices is particularly noticeable. In a city with a population of 300 thousand people (according to Italian standards - on average) price of one-bedroom apartment in good condition, not in the center but not far from it - 260 thousand euros, while a similar apartment in the city with a population of less than 150 thousand residents will cost 37% cheaper - to 190 thousand euros. In these examples, the price per square meter of the order of 1800-2700 euros in resort areas, it usually starts from 5000, but it is cheap - compared to Milan. Price per square meter apartment in Milan, this comes to 8000-9000 euros, which is impossible to expensive for most Italians, the average salary which usually does not exceed 1000-1350 euro per month. As a result, the Milan real estate market is characterized by three features: - Up to 90% (against 60% national average) purchases occurred in the loan, in installments for 25 years or more, 11% of Inter Milan home buying by foreigners, every fifth apartment sold to investment . The apartment in the heart of the Milan Stock Exchange real estate segment categorizes all housing categories - new, renovated and old (the first category - very expensive), and the city geographically in the center, Ramparts, and near the edge of suburbia. The highest demand - for housing in the center, although the prices are very high: from 5666 euros per square meter. m in the category of "old room" to 7294 euros per square meter. m in the category of "new premises". Demand for housing in the historic center always exceeds supply, so prices are doomed to continued growth. However, even on the distant outskirts of Milan accommodation costs around 2,500 euros per square meter. m, which is the Italian standards, cheap. Here is a typical example of an apartment in downtown Milan. Two bedroom apartment with total area of ​​140 square meters. m with two bathrooms (normal for this area), with a large kitchen (it is - an important note here, even in a good apartment kitchen may be tiny), a pantry in the basement (like a closet, about 10 square meters. m, almost necessarily "attached" for each apartment). Heating autonomous, that is appreciated, since it is not conditioned on the rules of the condominium, in many homes for the night heating is turned off. The apartment is located on the third floor of a beautiful historic building in good condition, that here, unlike, for example, St. Petersburg, are not uncommon. It's nice that parquet floor apartment (more common tiles), and high ceilings, but, alas, only one balcony on the terrace can be no question, because it does not last, and the second floor. The house is located in the Brera quarter, a stone's throw from Piazza Duomo, La Scala, the main street of fashionable Via Montenapoleone. The very heart of Milan, which means that on Sundays will have to walk in the center movement of private cars in the day, as a rule, prohibited. Too bad there is no garage: parking in the area do not find it. Apartment price - 1 million 300 thousand euros or 9286 euros per square meter. m - the usual amount for this area. Some details that should be remembered when choosing an apartment in Milan treated better in a well-known network agency, which in Italy are many: they have the best choice. In Italy, balconies and terraces are a logical continuation of the apartments, their area is included in general and has the same price per square meter, and that the whole apartment. The deal with the notary - mandatory and expensive: the cost of apartment 100 thousand euros worth of a notary service from 1000 to 5000 euros. A foreigner can take credit for the purchase of an apartment on the same basis: it should have a residence and a stable income, the deposit is not required. Utilities, compared with Russia, are very expensive: in addition to gas, electricity and home phone pay not less than 100 euros a month (for each item separately!) Pay the removal of debris, sometimes - water (over the counter ), and always - the cost of a condominium (completely unpredictable, but rather big figure