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New builds in Italy are selling like hot cakes

New builds in Italy are selling like hot cakes, despite the huge price gap to resale properties. According to statistical agency Scenari Immobiliari, in 2023 new homes in Italian cities make up only about 10% of the supply (still very little), and they cost three times more than secondary housing. In 2022, the number of sales of new buildings in Italy increased by 10%, in 2023 - by 2.7%, while at the...

How did the geopolitical situation affect the real estate market in Rome?

What is the situation in Italy in the spring and early summer of 2022 in the real estate market? Of course, big changes in the geopolitical sphere could not but affect the state of the real estate market in Italy and in particular Rome. In May 2022, in Rome, there were 10% fewer transactions for the purchase and sale of residential real estate over the past 12 months compared to last year. The...

Italian real estate investment in a period of uncertainty

What is happening in the Italian real estate investment market? 2022 has a turbulent start for investment in Italy. In the first three months of 2022, investments amounted to 3.4 billion euros, which is the best figure in the last 10 years, which averaged 1.5 billion euros over the same period. The main factors of this rapid development of the Italian investment market are the increased...

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