The Brazil defender has become the club's latest major signing following the acquisition of Geoffrey Kondogbia last week
Inter have completed the signing of Atletico Madrid defender Miranda.
The Brazil international, who has recently returned from the Copa America in Chile, jetted into Milan for his medical on Tuesday.
He becomes Inter's latest big name addition following the signing of Geoffrey Kondogbia from Monaco last week.
Nerazzurri boss Roberto Mancini is busy reshaping his squad after his side finished a disappointing eighth in Serie A last season.
In Miranda, Inter are signing a centre-back with a proven pedigree, with the defender having won La Liga, the Copa del Rey and the Europa League during his time in the Spanish capital.
Reports in Italy suggest the move will technically be a loan for the first two seasons, with Inter obliged to make the transfer pemanent in 2017. The total cost of the deal is said to be around €12.5 million, with the bulk of that payable two years from now.