The most sought-after property types in Italy

If you're thinking of buying property in Italy, whether you're planning to move or make an investment, then an important thing to consider is the availability and popularity of different property types in the country, especially due to changing property market trends in Italy as a result of the coronavirus pandemic. An analysis by the Tecnocasa Group Studies Office in Italy has shown that the three-room apartment is the most sought-after type of home in Italy's large cities, even though there was a slight contraction in the concentration of requests from July 2020 to January 2021 due to the pandemic.

The slight decline in searches for two-bedroom apartments, as can be imagined, has been influenced by the COVID effect and above all by the experience of the strict lockdown, which has convinced many buyers to shift their attention to larger types of properties, often with more outdoor space. The situation does however vary from city to city.

Going into detail, the analysis carried out by Tecnocasa Group on the market in large cities in Italy in 2021 still sees the three-room apartment as the most requested type on average (40.5%), followed by the four-room apartment with 24% of preferences and the two-room apartment with 23.1% of choices.

Compared to July 2020, there has been an increase in the percentage of those looking for four-room and two-room apartments. Despite the general decrease in demand for investment, due to the pandemic, the two-room apartment is still a typology appreciated by younger people who, thanks to affordable mortgages, are entering the market. The drop in demand for one-room apartments is confirmed.

In this general picture, the most evident exception is represented by Milan, where the two-roomed flat remains the most requested type. While the percentage of searches for a three-room flat has grown more in Naples, in Verona there has been a jump in requests for four-room flats.

Moving our attention to the supply of properties in Italy, also of interest to potential buyers in Italy and abroad as this is what will most affect property prices, it is highlighted how in the big Italian cities the most present typology on the market is always the three-roomed flat, at 32,9%, followed by the four-roomed flat at 24,1% and two-roomed flats with 23,0%of the market share. Increases have been seen in the percentages of studios, three-room and five-room apartments on the Italian property market in the past year.

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