Italian Residential Real Estate Market Trends

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In the first six months of 2022, the residential sector in Italy recorded positive dynamics. The volume of investments in it exceeded €470 million, whereas in the first half of 2021 it was more than half as much (approximately €200 million).

According to the international consulting company JLL, the residential sector in Italy is becoming increasingly attractive to investors. In the first six months of 2022, the volume of investments in it exceeded €470 million, while in the first half of 2021 it was more than half as much (approximately €200 million).

Sales. In the first quarter of 2022, 181,767 housing transactions were recorded in Italy, which is 12% more than in the first quarter of 2021. The growth in domestic demand is driven by new housing needs after the pandemic, favorable tax measures (tax breaks for home repairs), and monetary policy (low interest rates).

Prices. House prices in Italy increased by 2.6% on average in 2021, while in the first quarter of 2022 they recorded an increase of 1.9% compared to the fourth quarter of 2021 (according to Istat).

The average time for the sale of real estate has improved slightly, falling from 6.2 months in the fourth quarter of 2021 to 5.8 months in the first quarter of 2022 (according to the Bank of Italy), indicating greater market liquidity.

The average discount on real estate prices, which measures a decrease in percentage points compared to the original asking price after negotiations, decreased from 9.7% in the fourth quarter of 2021 to 8.5% in the first quarter of 2022 (according to the Bank of Italy), indicating a closer match between supply and demand.

Regions. If you look at the regional breakdown, more than 50% of housing transactions are registered in Northern Italy. The bulk of housing transactions (15% of the total) occurred in the eight most populous cities of the country (Milan, Rome, Turin, Naples, Genoa, Palermo, Bologna, and Florence). Among them, Rome ranks first in terms of transaction volume, but Milan remains the most dynamic and, by far, the most efficient market, anticipating future trends for the whole country.

Examples of properties for sale in Italy:
Penthouse for 1 600 000 euro in San Remo, Italy
1 600 000 €
Penthouse in San Remo, Italy
225 sq.m 6 4 4
Real estate proposal ref. SAN 949 City: Sanremo City district: area Casino Street: Privata Fratelli Asquasciati Sqm: 225 + 140 of terraces Floor: 5° last floor (of 5 floors in the building) Year of construction: 1967 Elevator/lift: yes Heating: self-heating Monthly expenses: about € 3800 yearly Type: penthouse...
Immobiliare Europa Sanremo Srl
Apartment for 450 000 euro by Lago Garda, Italy
450 000 €
Apartment by Lago Garda, Italy
45 sq.m 2 1 1
In the heart of the Sirmione peninsula, we offer you an apartment with a beautiful view of the lake. The apartment consists of a comfortable terrace overlooking the lake, a living room with a kitchen and a balcony, an entrance hall, a bathroom and a bedroom with a second balcony that overlooks the pool. The location of the apartment allows...
GH Estate
Flat for 131 000 euro by Lago Como, Italy
131 000 €
Flat by Lago Como, Italy
70 sq.m 2 1
Annual expenses 0 € Floor 2 sq.m.70 OrientationEast Energy efficiency class E (116.19 [kWh/m2a]) Free sides 1 FurnitureFurnished Number of rooms 2 KitchenKitchen area Bathroom 1 heatingAutonomous Garden sq.m. 0 basement- sq.m terrace 0 object statusGood...
GH Estate
Villa for 5 500 000 euro in Italy
5 500 000 €
Villa in Italy
2000 sq.m 12 12
Built in the late 1100s, the villa still creates a unique atmosphere with its large rooms, stone elements, wooden ceilings and cellars. It is a fine example of medieval architecture, intact for centuries.The villa has been carefully restored and adapted for tourists by the current owners. The villa is furnished with precious antiques and...
Knight Frank
Villa for 4 800 000 euro in Argegno, Italy
4 800 000 €
Villa in Argegno, Italy
700 sq.m 4 4
Just a few minutes' drive from the town of Argegno and its waterfront stands a historic villa built in 1780 by a noble Austrian family. One of those who lived in the villa was, no less, the artist Baldassarre Longoni (1876-1956), a master in the direction of Divisionism, who actively worked at the junction of the XIX and XX centuries, also...
Palazzo Estate
Townhouse for 380 000 euro by Lago Garda, Italy
380 000 €
Townhouse by Lago Garda, Italy
100 sq.m 2 2
description A few minutes walk from the famous beach "La Romantica", in a quiet and peaceful location, we offer a newly built house located on two levels. Ground floor: living room with separate kitchen, two bedrooms and a bathroom. The house has a beautiful portico on the street and a garden on both sides of the house ( from the living room...
GH Estate
Villa for 608 000 euro in Alassio, Italy
608 000 €
Villa in Alassio, Italy
300 sq.m 5 3 2
We offer a villa in Alassio with panoramic mountain views, eight kilometers from the sea. The villa is located in a quiet and beautiful place with a living area of 300 sq. m. The villa is surrounded by a garden of 2500 sq. m. with olive trees 40 pcs. A golf club, a stadium and a small airport are located nearby. The villa consists of three...
Villa for 585 000 euro in San Remo, Italy
585 000 €
Villa in San Remo, Italy
170 sq.m
Buy a villa in Sanremo, Imperia province, Liguria region. Villa 170 m2 is located in Sanremo, Solaro zone on the hills, overlooking the sea and the mountains of Italy. The land plot allows you to make a swimming pool or additional Parking spaces. The villa consists of three floors: Ground floor: apartment 75 square meters; Ground floor:...
Villa for 790 000 euro in Genova, Italy
790 000 €
Villa in Genova, Italy
200 sq.m 4 1
We offer to buy a villa in Avegno, with an area of 200 sq.m. with 2500 sq.m. of land (fully fenced), planted with olive trees, an orchard, terraces of 250 sq.m., a gazebo with a summer kitchen and a wood-burning stove, a garage for two cars + open parking spaces, a cellar, a greenhouse, a tool shed. Sea view, 7 minutes by car to the beach....
House for 300 000 euro in Arma di Taggia, Italy
300 000 €
House in Arma di Taggia, Italy
110 sq.m 6 4 2
Real estate proposal ref. SAN 978 City: Taggia City district: Beuzi Street: ----- Sqm: 110 Floors: 1 levels Year of construction: 2012 Independent heating Type: independent house View: hills Outside spaces: portico Exposure: 4 sides Garden / land: 3400 sqm Swimming pool: yes, 2.81 x 3.27 Parking places: 3-4 parking...
Immobiliare Europa Sanremo Srl
Farm for 2 800 000 euro in Orvieto, Italy
2 800 000 €
Farm in Orvieto, Italy
1000 sq.m 4 6
These rustic-style farmhouses with mesmerising 360-degree views are for sale in the province of Terni. The entire property is situated on roughly 120 hectares of grounds and enjoys a charming surrounding with a temperate climate that offers a pleasant breeze. This farmstead encompasses three completely-refurbished farmhouses which sprawl over...
Lionard Luxury Real Estate
Villa for 1 700 000 euro in Livorno, Italy
1 700 000 €
Villa in Livorno, Italy
500 sq.m 4 4
By the Tuscan sea, in Livorno there is this stunning villa for sale. This two-storey villa dates back to the 1970s and has a total surface area of 500 m2. On the ground floor there is a living area, a kitchen and a bathroom. By going upstairs to the first floor you can access the sleeping area, which features four bedrooms and three bathrooms....
Lionard Luxury Real Estate
House for 850 000 euro in Sassari, Italy
850 000 €
House in Sassari, Italy
379 sq.m 8
We offer for sale an interesting property in the countryside, consisting of over 3 hectares of land in a dominant position with views of the plain of Arzachena and the Gulf of Cannigione. On the property there are two ancient "stazzu" (sardinian old country house) for a total surface of about 300 square meters as well as various outbuildings...
Great Estate
House in Brescia, Italy (price on request)
Price on request
House in Brescia, Italy
1125 sq.m 7 5
In the heart of the lively town of Iseo, one of Northern Italy's most enchanting lakesides, there is this prestigious 19th-century estate for sale, home to an important noble family and featuring a lovely private garden with a barbecue and a relaxation area; the mansion measures 1,248 sqm and features three levels and a basement. The left wing...
Lionard Luxury Real Estate
Villa for 1 950 000 euro by Lago Como, Italy
1 950 000 €
Villa by Lago Como, Italy
400 sq.m 10 4 3
Online Viewing
This beautiful property was built by the best construction professionals in the lake area: built with care and with first-choice materials that enrich the splendid villa, on 4 levels, has been designed to be divided into a luxury semi-detached house; in fact, each floor has independent heating system, guaranteeing maximum independence and...
Great Estate
Villa for 1 260 000 euro in Cisano Bergamasco, Italy
1 260 000 €
Villa in Cisano Bergamasco, Italy
240 sq.m 2 2 4
CISANO – In a quiet location with panoramic view over the bay of Salo we offer an independent villa of 240 sq.m. with a large garden, swimming pool and garage. The well-projected villa develops on three levels and was built with attention to every detail. The ground floor consists of a living room with a separate kitchen, bedroom, dressing...
Palazzo Estate
Villa for 5 600 000 euro in Perugia, Italy
5 600 000 €
Villa in Perugia, Italy
1293 sq.m 5 10 3
The estate is located in the Perugian countryside where the Umbrian hills, gently sloping down, reach the Tiber river. The main villa (about 1,400 sq. m) consists of three floors plus some rooms in the basement, and is made up of 30 rooms plus accessories, as well as a cellar, an underground church, a loggia, and a series of rooms in the attic;...
Palazzo Estate
Villa for 2 000 000 euro in Italy
2 000 000 €
Villa in Italy
1100 sq.m 10 5 3
In an exclusive and strategic position, we offer an imposing luxurious historic residence surrounded by a private park of 10,000 square meters, with a panoramic view of Lake Alserio, in absolute privacy. The villa was built in the Liberty style of the nineteenth century, and was later the subject of conservative renovation in the 90s. The...
Palazzo Estate
Flat for 28 000 euro in Scalea, Italy
28 000 €
Flat in Scalea, Italy
40 sq.m 2 1 1
Online Viewing Remote Transaction
In the most famous resort town of Italy, Scalea, we offer for sale on the fifth floor in a house with a renovated facade an apartment with a living area of 25 square meters and a spacious terrace of 15 square meters.meters. The house is located on Mancini Street-it's almost the center of the city, everything is within walking distance. The newly...
Scalea Realty
Villa for 2 150 000 euro by Lago Garda, Italy
2 150 000 €
Villa by Lago Garda, Italy
300 sq.m 4 4
A San Felice del Benaco, nella splendida frazione di Portese, proponiamo questa meravigliosa Villa Singola in contesto di sole tre unità abitative.Internamente si compone di:Piano terra- Ampia zona living con sala da pranzo;- Dal soggiorno si ha accesso allo spazioso portico attrezzato ed al bellissimo giardino privato con una fantastica...
GH Estate

New trends in housing demand:

  • Lifestyle changes caused by the pandemic have led to people looking for more spacious and affordable homes.
  • Increased demand for spacious high-quality housing. Private demand is supported by the need to improve housing conditions in terms of additional space and housing quality.
  • The pandemic has increased the demand for large multifunctional homes for remote work and the need for outdoor areas. According to the JLL EMEA study, the key priorities are open spaces, broadband speed, and private workplaces.
  • Adaptation and use of housing should become flexible, along with a new hybrid balance between work and personal life.
  • More attention is paid to inclusivity and ESG.

Source: Idealista
Photo: Josh Hild 

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