If you are thinking of buying a house in Italy or investing in property, knowing which city has the lowest house prices can be a great starting point for getting a good deal. But what is the cheapest part of Italy to buy property?
The real estate market in Naples is showing a strong increase, with pre-owned house prices rising by 2.6% in the first quarter of 2024, bringing the average price to 2,823 euros per square metre.
When deciding where to buy a place in the sun, there are lots of different factors that can influence your choice: is it a safe neighbourhood? Are there schools nearby? Is the gym within walking distance? If you’re guided more by exclusivity and price, though, this is the article for you.
Forty-eight per cent of the house listings for sale on idealista in Italy in the fourth quarter of 2023 were priced below €150,000, according to an analysis published by Italy's leading property portal, regarding the most affordable homes for future owners.
Complicated times for those looking for a house to rent. Inflation on the one hand, and falling housing stock in the rental market on the other, are making the search for an affordable rental property a real challenge.
According to analysis conducted by idealista, Italy's leading real estate portal, there was a 3% increase in the number of homes for sale in the most recent quarter compared to the same period last year.
Verona, with its cobbled streets, historic buildings and views over the Adige River, has much to offer. From the charm of its historic centre, to the delicious restaurants and cafés, to the lively nightlife, Verona is a city that never ceases to surprise.
Used house prices in Italy fell by 0.8% on a quarterly basis to an average price of €1,845 per square metre. However, the situation varies greatly in different areas, whose reality differs significantly from the national average.
House prices rising slightly worldwide in Q2 2023. This is according to Knight Frank's Global House Price index, according to which overall housing in the world costs more, from 2.9 per cent in Q1 2023 to 3.0 per cent in Q2 2023.
Interest rates will weigh on house prices in Europe for a long time. This was stated in the S&P report 'European Housing Markets: Sustained Correction Ahead'. According to Standard & Poor's analysts, housing values will hit rock bottom by the end of 2024.
Rising inflation and the resulting increases in interest rates have dominated the charts in the first half of 2023. The prime residential markets have borne the brunt of the problem, but it is the sales volumes, not the prices, that are the main winners.
'That branch of Lake Como, which turns to the south, between two unbroken chains of mountains...': this is the famous beginning of The Betrothed, set in the Lombard town.
In the second half of 2023, rents in Italy increased by an average of 10 per cent and, on average, rental property advertisements in 9 per cent of cases remain online for just 24 hours.
The pandemic in Italy led to an increase in smart working, resulting in more people choosing digital nomad lifestyle. But in which city is it most comfortable to live like this?
Arezzo offers a wide range of opportunities, both for those wishing to relocate for work and for those seeking a quiet place to spend their retirement. The city offers a perfect balance between the ancient and the modern, with a strong sense of community and a high quality of life.
Are Italians increasingly lonely? Looking at the data, it would seem so. In Italy, one family in three is made up of what ISTAT defines as 'single people', totalling 8,364,000 individuals, 14% of the population, including singles, separates and widowers who have never remarried.
The latest real found that the average selling price of used homes in May 2023 is EUR 1,858/m2 (+1.9 per cent year-on-year). This figure is part of a context in which inflation and mortgage interest rates are also rising, making it more complicated for Italian households to purchase real estate.