Market Update Italy
Let’s kick off with a recent trend - the Italian real estate market is the growing demand for luxury properties in smaller cities and countryside locations. Buyers are increasingly looking for exclusive, historic homes outside the main urban areas. According to recent reports, prices for luxury homes in Tuscany and Umbria have risen by up to 5% in the last year, reflecting this shift towards rural and more private residences.
Another key trend in the Italian real estate market is the increasing interest in coastal properties, especially along Italy’s iconic seaside regions like Liguria, Amalfi Coast, and Sardinia. With a growing desire for luxurious seaside homes offering stunning views, buyers are flocking to these areas. In particular, Liguria has experienced a 4.5% rise in property values in the past year. This surge is driven by international buyers seeking the perfect combination of coastal beauty, tranquility, and Mediterranean lifestyle, with villas and exclusive estates being top choice.