Viale Piave, Milan, Lombardy, Italy. - Hero Image
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Viale Piave
Milan | Lombardy

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Place Real Estate
Place Real Estate
Presented At
€1,590,000
Living
1,454
SQM
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Viale Piave, Milan, Lombardy, Italy. , Milan , Lombardy

Milan (Palestro/Porta Venezia) New Three-Room Apartment on V.le Piave P.ta Venezia

In a prestigious building from the 1970s with full-time concierge service, caretaker, and elevator, we offer for sale an exclusive newly constructed apartment, completed in 2024, on the third floor. The residence stands out for its contemporary design and the refined balance between comfort and material sophistication. The entrance leads to a generous open-plan living area, consisting of a living room, reading area, and dining room, overlooking greenery. The flooring is in natural oak laid in herringbone, providing warmth and visual continuity to the spaces. The custom furnishings and high-end accessories, such as the bouclé fabric seating, the modular gray velvet sofa, the black leather Eames lounge chair, the glossy black marble oval dining table, and the ”Taraxacum” chandelier by Achille Castiglioni, confer a sophisticated and essential style. The separate and habitable kitchen features matte lacquered cabinets and a composite material countertop. Equipped with built-in appliances and designer accessories (Smeg, KitchenAid), it overlooks a comfortable round white marble table with vintage wire seating. The living area is completed with a balcony extending from the living room to the kitchen with double access and external exposure. The sleeping area is well-defined. The master bedroom benefits from a hallway that serves as integrated wardrobe space and an en-suite bathroom with a large walk-in shower. The second bedroom, designed as a study or guest room, also has a windowed private bathroom. The bathrooms are entirely clad in statuary marble with custom suspended furniture and matte black concealed faucets. The property is completed by a separate equipped laundry room, thermal break windows with triple glazing, state-of-the-art ducted air conditioning, and a dedicated cellar. A unique property, ready to move in, located in one of the most elegant and dynamic areas of Milan. Dedicated cellar. All fixed and movable furnishings, not custom but adaptable to any space, can be evaluated separately from the asking price if interested. The property stands out for the quality of its finishes and the presence of contemporary design furnishings selected from brands of excellence. Among the elements present in the property, some furniture and accessories may be subject to separate negotiation. The internal doors are signed by LUALDI, while custom wardrobes and containers bear the signature of LEMA, including the completion modules. The kitchen is a refined VALCUCINE Artematica, fully equipped with AEG appliances, and illuminated by design elements from FLOS, including the Taraxacum suspension. The dining area includes an elegant KNOLL table paired with VITRA Wire Chair chairs, while the living room is furnished with MAXALTO sofas and chairs, as well as a FLEXFORM sofa bed. Notable accessories include an Allure O’ table by B&B Italia, a Saarinen table by KNOLL, and a Top bedside table by LEMA. The two bathrooms are completely custom-made with VALCUCINE furnishings and Corian surfaces, VISMARA shower, CEA faucets, and CIELO sanitary ware. The laundry room follows the same style, with VALCUCINE + Corian custom solutions. The property is completed by numerous custom-made elements, including a custom boiserie at the entrance, a window structure in the bedroom, and personalized furnishings in the children’s room (desk, wardrobe, and VITRA Soft Pad chair). There is also a Jack library by B&B Italia, an entrance cabinet by CASSINA, and MERIDIANI side tables. A detailed list of furnishings that may be ceded upon request is available. A unique opportunity to purchase a home already enhanced by iconic pieces of modern design.

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Map showing Viale Piave, Milan, Lombardy, Italy.

Property Location

Viale Piave, Milan, Lombardy, Italy., Milan Lombardy

Local Weather & Climate

Milan, Lombardy

Current Conditions Updated recently
58 °F
Scattered clouds
Feels Like 57°F
Humidity 72%
Wind 2 mph
Visibility 6.2 mi
Sunrise 5:56 AM
Sunset 5:13 PM
5-Day Forecast
Wed 4 Mar
Clouds
High 59°
Low 50°
Thu 5 Mar
Clouds
High 60°
Low 48°
Fri 6 Mar
Clouds
High 60°
Low 49°
Sat 7 Mar
Clouds
High 62°
Low 49°
Sun 8 Mar
Clouds
High 60°
Low 49°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Milan?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Italy)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum €4,000 interest per year qualifies. Must be primary residence purchased within 12 months of loan.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Italy. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Italy tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Milan. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 3.5% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $159,000,000 20% down ($31,800,000)

Investment Perspective
$ $ $
$1 → $1.30
Every dollar invested today could become $1.30 in 10 years
$100 → 130 $1,000 → $1,298
+$11,503
$11,503/day
Your home may appreciate while you sleep
$80,741/week $349,878/mo $4,198,535/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$249K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential -4% advantage over stocks
RENT 💸 -$87.5M
vs
OWN 📈 +$113.9M
$113.9M Potential Equity
vs $87.5M lost to rent over 10 years
$31.8M Down Payment Growth
3.6x
10yr
$113.9M
7.2x
20yr
$229.9M
10.9x
30yr
$347.5M
Wealth Comparison
×827
Equivalent to 827 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $347.5M
Time to Double Your Investment (accounting for market cycles)
60.5
years
Conservative
1.15% effective/yr
17.1
years
Optimistic
4.13% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $178.3M +12%
Market $206.3M +30%
Optimistic $238.3M +50%
$113.9M est. equity
20 Years
Conservative $200.0M +26%
Market $267.8M +68%
Optimistic $357.1M +125%
$229.9M est. equity
30 Years
Conservative $224.3M +41%
Market $347.5M +119%
Optimistic $535.1M +237%
$347.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property offers 1,454 square feet of living space.
This property is listed at $159,000,000, which equals $109354 per square foot.
Based on current market indicators, Milan shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Milan, Lombardy. The property is situated in an established neighborhood with convenient access to local amenities and services.
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