Via Torino in Milan is the most expensive street in Italy, with an average of €4,511,923. This is stated by a survey of the streets with the highest house prices, drawn up by the Centro Studi of idealista, Italy's leading real estate portal, which has compiled the top ten of Italian real estate luxury. Via Torino is located in the historic centre of the Milanese city, a few steps from the Duomo and the Quadrilatero della moda, boasts numerous luxury period houses and is characterised by a conspicuous presence of shops and commercial premises.
The most expensive streets in Italy
Browsing through the ranking, we note that there are267 streets whose house prices exceed one million euro. Immediately after Via Torino, we find another famous Milanese street: Corso Monforte, 3,824,153, very close to the centre and Porta Venezia.
Third place goes to Via Lorenzo Giglioli in Forte dei Marmi, €3,368,260, a location full of large villas with swimming pools. We return to Lombardy with Via Bignanico in Como, €2,891,818 and Via Vittorio Veneto in Cernobbio, €2,860,625, also in the province of Como, overlooking Lake Manzoni.
Sixth street Punta Lada, in Olbia, Porto Rotondo, in the heart of the Costa Smeralda's nightlife, with €2,714,705. Via Roccamare, €2,681,388, in Castiglione della Pescaia, in the province of Grosseto, dotted with typical Tuscan country houses, farmhouses and agritourism, occupies the seventh position in the ranking. Still in Tuscany, in Florence, we find the eighth most expensive street in the boot: it is Via Pian dei Giullari, €2,336,533.
Penultimate place in the top ten for another Sardinian road, via della Pantogia in Arzachena, Porto Cervo. Closing the list of the 10 most expensive roads in Italy is Via Papa Giovanni XXIII in San Giovanni Valdarno, Tuscany.
The most expensive streets by region
The analysis by idealista also includes the most expensive streets and squares in each of the 20 Italian regions. The study shows that most of the streets with the most expensive houses are in Lombardy, Tuscany, Sardinia, Lazio, Campania and Piedmont.
In terms of prices, the street with the highest house prices is Via Torino in Milan, the cheapest is Viale Crotone, €203,846, in Catanzaro, Calabria. As many as 11 out of 20 regions have roads whose prices exceed one million euro with requests ranging from almost five million in Milan to 1,016,445 in Portopiccolo Road in Duino-Aurisina in Friuli-Venezia Giulia. While, in the remaining 9 locations, prices are lower and range from 962,000 in Via Galliera in Bologna to 203,000 in Viale Crotone and Catanzaro.
Methodology
For the elaboration of this analysis, idealista studied the absolute average price of all types of dwellings (flats, studios, penthouses, villas, etc.) identified in the same street. To avoid data distortion, only those streets with at least 10 advertisements were taken into account. Therefore, the study only shows the average asking price of each street regardless of square metres and is not a ranking of the most expensive houses in Italy.