In the second quarter of 2024, 7% of luxury property listings, meaning those valued over €1 million, were taken off the market in less than a week.
The market for seaside property in Italy appears to be on the move. An analysis by the real estate brokerage and services company Abitare Co., which examined 105 of Italy's most renowned coastal locations, found that property sales in seaside locations increased by an average of 26.3% between 2019 and 2023.
Comparing the data recorded in May 2024, the luxury home market in Italy (+1%) does not follow the trend of the overall real estate market (-0.5%) when it comes to property prices.
The city of Paris is has just hosted the 2024 Summer Olympics, while Milan is gearing up for the 2026 Winter Games along with Cortina.
Luxury house prices in Italy increased by 2.2% in April 2024 compared to the previous year, surpassing the overall residential market growth of 1.7%.
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.
The performance index of residential purchases and sales shows, for the Milan market, a sudden retreat in the second half of 2023.
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.
Buying a house to rent provides a gross return of 8.8% in Q3 2023, up 1% from the same period last year.
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.
The slow descent of the capital's property prices continues, falling 0.2% in the summer quarter to stand at an average of 2,998 €/m2.
The slowdown in real estate sales is confirmed in the second quarter of 2023.
ECB policy has raised interest rates to 4.5%, making access to mortgages increasingly complicated.
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.
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