Why neighbourhoods matter more than size in Italy

New-build buyers in Italy are putting neighbourhoods first, with city living shaping demand in 2026.
best neighbourhoods in Italy
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Savills’ third Italy New Build Survey points to a clear priority among people choosing new-build homes in Italy: the neighbourhood comes before square metres, a property’s exact position and its finishes.

Across all age groups, buyers connect a desirable neighbourhood with safety, green spaces, connectivity, services and day-to-day quality of life. The remaining priorities differ by buyer profile, budget and stage of life.

Why neighbourhood is overtaking square metres in Italy’s new-build market

The neighbourhood ranks first for every generation included in the survey. For international readers considering buying property in Italy, the findings place the wider setting around a home alongside the property itself in the decision-making process.

Savills identifies four buyer profiles within the 2026 new-build market:

  • Urban Maximiser: city-oriented and focused on centrality and accessibility; willing to accept a smaller home to protect the location.
  • Lifecycle Optimiser: a mature buyer seeking practicality, easy management and long-term financial sustainability; more open to downsizing and flexible on location.
  • Space & Quality Seeker: families and households focused on comfort, materials and functionality; willing to consider less central areas for more space and higher quality.
  • Experience & Community Seeker: interested in shared services, a sense of community and serviced apartments; flexible on both size and location and prepared to pay more for a higher-quality living experience.

What buyers want from a new-build home in Italy in 2026

Energy efficiency is the top reason for choosing a new-build property, cited by 19% of respondents. 

It is followed by avoiding renovation work (14%), construction and materials quality (13%), a home that has never been lived in (11%) and modern technology (11%).

Move-in-ready convenience is the main reason for 5%, while a lower purchase cost is cited by 4%.

  • The survey reports that 60% of respondents have a budget of up to €450,000, and purchases are mainly financed through a mortgage. 
  • More than half of the sample is aged over 46, and 50% have permanent employment.

City living remains the overwhelming preference

Urban living is preferred by 80% of respondents. The sea comes second at 12%, ahead of the countryside (4%), mountains (2%) and lakes (1%).

  • Buyers aged 46–65 show increased interest in leisure destinations, including the coast, mountains and countryside. 
  • In contrast, 86% of over-65s name a city as their preferred destination.

Parking, security and outdoor space are shaping demand

Private parking is the only feature that attracts support across every spending level, selected by 36% in the entry-level segment and 44% among buyers with budgets of €750,000 to €1 million.

  • In the segment up to €450,000, 24-hour security ranks second and electric-car charging points third. 
  • Between €450,000 and €750,000, 24-hour security remains in second place, while shared rooftop spaces and charging points are tied in third.
  • At €750,000 to €1 million, concierge services rise to second place, selected by 18%. 
  • Above €1 million, swimming pools, 24-hour security and concierge services share second place.

Outdoor areas are considered essential by 81% of 36–45-year-olds and 53% of over-65s. 

What changes between younger, family-age and older buyers

Under-35s: transport, services and keeping the space

Following the neighbourhood, under-35s prioritise public transport, local services and green spaces. Energy efficiency and smart technology rank in the middle.

Reduced floor space is their hardest compromise: 59% would not accept a smaller home.

Buyers aged 36–45: more flexible on location and size

Transport, local services, green areas and building amenities follow neighbourhood in this group’s priorities.

They are the most flexible group: 40% would accept a less central position and 38% would sacrifice square metres to find the right project.

Buyers aged 46–65: private parking is the hardest concession

This group ranks transport and building amenities immediately after neighbourhood. 33% are looking to move to a larger home, while 31% are looking to downsize.

Giving up private parking is the least acceptable compromise for 25% of this group, the highest figure among all age categories.

Over-65s: amenities, family and downsizing

For over-65s, building amenities are second in importance, while proximity to family becomes more significant.

Downsizing is the most common route, chosen by 42%. 44% would accept fewer square metres and 81% fund their purchase almost entirely through their own resources.

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