Housing prices

Luxury second homes in Italy are no longer a niche phenomenon. They have become a structural segment of the national real estate market, with a growth trajectory showing no lasting reversals and a positioning as a strategic asset increasingly recognized by investors and high-net-worth families. This is what emerges from the report "The luxury market in Italy: between first and second homes," published by Patrigest and Santandrea of the Gabetti Group, which captures a fully mature sector with data, rankings, and analyses of Italy's top tourist destinations.

How much is a foreign buyer prepared to spend on a home in Italy?

The choice between northern and southern Italy can bring a major difference in everyday spending.

Italy’s residential property market expanded in early 2026, although performance differed substantially from one city to another.The country recorded 179,654 home sales in the first quarter, a 4.4% increase on the same period in 2025, according to an IPI report.

The European property market in 2025 paints a picture of a continent moving at two different speeds. In some countries, housing shortages are driving prices sharply upwards. In others, including Italy, the situation is more balanced, with a wider supply of homes and more moderate growth in values. This is the scenario outlined in the report Housing Insider – European Real Estate Insights 2025, published by REMAX Europe, which examines residential trends across the main European markets.

As spring reaches its peak, the Italian property market is full of opportunities for savvy buyers.

Luxury property in Italy continues to demonstrate remarkable resilience. In 2026, Milan and Rome remain the country’s primary magnets for high-net-worth buyers and institutional investors seeking prestigious real estate.

If you’ve been daydreaming about a place by the sea but don’t fancy paying Amalfi Coast prices, there are still options out there.

Italian households are spending a significant share of their income on housing, according to the latest study by idealista, Italy’s top property portal. In the fourth quarter of 2025, renting a three-room apartment cost, on average, 28% of household income — down slightly from 30% in late 2024.

Purchasing a home in Italy is often about more than just location—it is a statement of lifestyle and prestige, especially when budgets are substantial. Certain districts stand out for their exclusivity, historical significance, and international allure.

Italy’s two largest cities continue to see a positive trend in house prices in 2025, although growth rates differ.

Italy has a way of getting under your skin. Maybe you picture a small place in the Tuscan hills, a stylish flat in Milan, or a neighbourhood café in Rome where the barista knows your order.

The trend in the Italian property market continues to show caution regarding buyers’ spending power.

Buying a home can often mean much more than simply choosing a place to live. In Italy, certain addresses have become true symbols of prestige and sophistication.

According to the latest Eurostat figures, house prices in Europe continue to rise, but Italy is growing more slowly than its neighbours. In Q2 2025, the House Price Index (HPI) rose by an average of 5.1% in the euro area and 5.4% across the European Union compared with the same quarter in 2024.

House prices in Italy are generally falling, but some neighbourhoods are seeing sharp rises. Padua’s Mortise-Brenta leads (+41.3%), followed by Milan’s Corvetto-Rogoredo (+24.4%) and Rome’s Trionfale-Monte Mario (+22.5%).

If you’re considering buying property in Italy, Rome and Milan remain two of the most dynamic markets — each offering a very different picture for buyers.

The Italian housing market has seen a small slowdown in the third quarter of 2025, with the average price of second-hand homes falling 0.7% to €1,815 per square metre.

Thinking about buying a home in Italy? Property prices can vary enormously depending on the region, with major cities and tourist hotspots often reaching sky-high values.

The Mediterranean has long been synonymous with luxury, beauty and lifestyle – and its property market reflects just that.

Inflation in Italy continues to affect household spending, and a new analysis reveals a significant shift in the cities where the cost of living has risen most sharply.

Italy's housing market continues to show resilience in 2025, with property prices rising year-on-year despite a marginal quarterly decline.

In Italy, luxury homes appear to be holding their value more steadily than the general housing market. Comparing data from May 2024, the top-tier property segment saw only a marginal decline of -0.2%, while the overall sales market experienced a more notable drop of -0.8%.

2025 has begun with clear signs of a slowdown in the Italian property market. According to the latest analysis by eXp Italy, property values fell across every region of the country in the early months of the year — from December 2024 to February 2025 — confirming a broad trend of market correction throughout Italy.