'AMBO's blend of blockchain technology and real-world assets is truly revolutionary. The platform's transparency and ease of use are unmatched. I appreciate the ability to resist acquired assets for further trading and generate dividends.
Luxury Apartment with Terrace – Prime Location in Milan Repubblica
• Investment Opportunity: €3,600,000
• Size: 400 sqm (interior) + 65 sqm terrace
• Price per Square Meter: €9,000/sqm (current)
• Conversion Potential: Can be converted into 6 high-end apartments
• Projected Price After Conversion: €11,000/sqm
• Projected Total Value Post-Conversion: €4,400,000
• Estimated Monthly Rental Income per Apartment: €2,500
• Total Estimated Monthly Rental Income: €15,000
Listing Information:
This elegant 400 sqm apartment in Milan’s Repubblica district is situated on the fourth floor of a well-maintained 1930s building. It offers exceptional potential for redevelopment into six luxury apartments, ideal for sale or rental.
The property features a large living area with a fireplace, billiard table, and bar, opening onto a 65 sqm private terrace. The fully equipped modern kitchen also connects to the terrace, ensuring an excellent layout for residential conversion.
The current layout includes two bedrooms, a study, and expansive communal areas, which can be reconfigured into six high-end apartments catering to Milan’s growing demand for luxury housing. The building provides concierge services and an elevator, enhancing its appeal to future buyers or tenants.
Return Potential:
After conversion, the property value is projected to reach €11,000 per square meter, bringing the total value of the six apartments to approximately €4,400,000. This represents a significant return on investment, with strong demand for premium properties in Milan ensuring high sale or rental yields.
Rental rates in the Repubblica district average around €24.89 per square meter per month. For a 70 sqm apartment, this translates to an estimated monthly rental income of approximately €1,742. Therefore, the six apartments could collectively generate an estimated monthly rental income of €10,452, offering a robust rental yield.
Unique Selling Points:
• Prime location in Milan’s prestigious Repubblica district
• Potential to create six luxury apartments
• Proximity to Milan’s financial district, cultural landmarks, and high-end shopping
• Expansive private terrace with panoramic views
• Historical charm combined with modern redevelopment possibilities
Price: €3,600,000
Price:
3,600,000.00 EUR
Progress:
0.00 EUR
