Real Estate price evolution in Italy after a year of Covid-19

After a year of Covid-19 it seems like real estate prices in Italy have not undergone significant changes. The trends of December 2019 have been confirmed. Prices are increasing in the most touristic and hence most expensive regions of Italy.

In December 2019 the real estate market showed evidence that the bottom price had been reached in Sardinia, Liguria and Tuscany. In 2020 the trend was confirmed and after many years of price decreases the Tyrrhenian Sea regions are now showing relevant price increases: Sardinia +8,28%, Tuscany +3,99%, Campania +3,05% and Liguria +0,88%. Also Lazio, Emilia-Romagna, Lombardy and Veneto, the regions which most suffered from Covid-19 in 2020, show price increases.

Real Estate prices Italy 2021

In all other Italian regions prices continued to go down. The biggest price decreases were in Sicily -5,49%, Abruzzo -3,88% and Piedmont -3,64%. (source: www.immobiliare.it)

Covid-19 surged the demand for countryside property from Italian buyers and the demand from abroad seems to be growing rather steadily. For the time being the transactions of foreign buyers are slowed down by recurring and ongoing travel restrictions. Once the travel restrictions will be lifted, it is expected that the market activity which was temporarily queued and put on hold will accelerate. It is likely that a boost of transactions and demand will further fuel the Italian real estate market in 2021.

Villa with pool in Marche

This villa with five bedrooms, swimming pool and six hectares of land in the province of Ascoli Piceno in Marche will be the new countryside retreat of a Flemish family.

Villa with pool in Marche
Villa with pool in Le Marche

Improvement work on the house will start soon and the new owners can now enjoy furnishing their house and searching for suitable furniture. The sale was realized in exactly 4 months. Between two Covid-19 waves, an Italian dream came true.
Congratulations with the purchase of your holiday home and good luck!

Holiday Home in Alba Adriatica

Holiday Home Alba Adriatica
For the new owners of this new apartment in the beautiful beach resort of Alba Adriatica in the province Teramo in the region Abruzzo, Covid-19 only delayed their plans. After Italy reopened the borders for EU residents, they went for home viewings in Abruzzo for the second time.

The 21 m2 terrace of this apartment made the difference and within two weeks the buyers had the keys to their proper holiday home in Italy.
Enjoy your beautiful apartment!

Property in Maremma


Roccatederighi property
We suggested this property in the woods of Roccatederighi in the municipality of  Roccastrada in the province of Grosseto, Tuscany, to one of our foreign buyers (non EU citizen) who had been looking for a suitable property for a long time. The land of 2 hectares offers a panoramic view right until the sea and on Elba Island. The house on the property had been in disuse for more than 10 years and will now be completely rebuilt by the new owner. The purchase was concluded in less than 2 months time.
Good luck with your building project!