Milan vs Madrid — property investment comparison
Side by side on the data Arkon holds: live listing prices, price per m², inventory depth and acquisition costs. No forecasts and no modelled returns.
Which is stronger for…
- Lowest entry ticket
- Milan opens at €101,250 at the 25th percentile of its live sample, versus €103,000 in Madrid.
- Cheapest floor space
- Milan trades 20% below Madrid per m² across the live sample (€1,746/m² vs €2,189/m²).
- Depth of live inventory
- Milan currently has 41 active tracked listings against 41 in Madrid.
Market metrics
| Metric | Milan | Madrid |
|---|---|---|
| Typical entry price (25th percentile of live sample) | €101,250 | €103,000 |
| Median asking price | €101,250 | €108,000 |
| Median price per m² | €1,746/m² | €2,189/m² |
| Active tracked listings | 41 | 41 |
| Arkon-verified listings | 39 | 31 |
| Price growth 2018–2024 (historic research series) | not tracked | +64% |
Figures are medians and percentiles of the listings Arkon currently tracks, converted to EUR — not a market index. Rental yields are omitted because rent comparables are not yet held for these markets. Read the methodology.