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Milano · Property Market Observatory

Property market values Stazione Centrale · Viale Stelvio, Milano

In Stazione Centrale · Viale Stelvio (Milano) a home is worth between €4,100 and €7,800 per square metre, and rents for between €13.5 and €25 per square metre a month, according to the official OMI values of the Italian Revenue Agency for the second half of 2025.

Covers: Stazione Centrale, Viale Stelvio

Rent13.5 – 25€/sqm per month
SourceAgenzia delle Entrate — OMILatest published half-year: second half of 2025

The semi-central area of Stazione Centrale - Viale Stelvio is one of the most strategic and dynamic hubs in the whole of Milan. Marked by an extraordinary density of connections — metro lines, national and international rail services and numerous surface routes — this area combines a strongly business-oriented character with residential neighbourhoods in continuous evolution, rich in local shops, supermarkets, schools and cultural venues. Whether you are looking for a home to live in or a property to let, this area offers excellent investment opportunities thanks to the constant flow of students, professionals and visitors.

To understand as clearly as possible how the local property market is really performing, below we present the official data taken from the OMI database of the Italian Revenue Agency for the second half of 2025.

Buying: prices per square metre

If you intend to buy a property in the Stazione Centrale - Viale Stelvio area, average sale values reflect the strong appeal of the Milanese market. The state of repair of a property significantly affects the final price, with a clear difference between homes ready to live in (excellent condition) and those needing renovation or modernisation (normal condition).

Here are the official average prices per square metre for purchase:

Sale values
TypeSale €/sqm
Civil dwellingsExcellent condition5,900 – 7,800
Civil dwellingsNormal condition4,100 – 5,800
GaragesNormal condition1,650 – 3,100

These figures show that a property in need of renovation can be an excellent opportunity for anyone wishing to personalise their space while saving on the purchase price, whereas homes in excellent condition hold a premium position in the semi-central market.

Renting: monthly rents

The rental market in this area is extremely active, driven by high and constant demand. The table below summarises the benchmark monthly rents per square metre:

Rental values
TypeRent €/sqm month
Civil dwellingsExcellent condition19.1 – 25
Civil dwellingsNormal condition13.5 – 19
GaragesNormal condition7 – 13

A practical example of rent calculation

To better understand what rents in this area may be worth each month, here are two practical examples based on the official OMI rates:

60 sqm apartment in excellent condition. Using the rate for excellent condition (from €19.1 to €25/sqm/month), the estimated monthly rent will range broadly between €1,146 and €1,500 (charges excluded).

80 sqm apartment in normal condition. Applying the values for normal condition (from €13.5 to €19/sqm/month), the estimated monthly rent will stand broadly between €1,080 and €1,520 (charges excluded).

Why invest in the Stazione Centrale - Viale Stelvio area

The OMI data shows the solidity of this market. Here are 3 key reasons why a property investment in this area is worth considering:

Excellent rental returns and high liquidity: with rents reaching €25/sqm/month for properties in excellent condition, potential profitability is among the most attractive in Milan. Proximity to Stazione Centrale ensures that properties never stand empty, attracting business travellers, professionals and long-term students.

Affordability compared with the historic centre: although only a few metro minutes from the heart of Milan, purchase prices in normal condition (starting from €4,100/sqm) allow entry into the Milanese property market at distinctly more sustainable figures than in central areas, with excellent potential for appreciation over time.

Unbeatable infrastructure and amenities: the semi-central area benefits from a transport network very few other districts can match. Those who live or rent here have everything within reach: metro lines, high-speed trains, airport connections and a dense network of shops and services that make the area extremely attractive to any kind of tenant or buyer.

The values shown are taken from the property market values of the Property Market Observatory of the Italian Revenue Agency, for the second half of 2025, and relate to properties in normal condition. They are a statistical benchmark for the area and do not replace a professional valuation.