The demand for Italian property on the coast rose by 7%

Sept. 13, 2016

The demand for Italian property on the coast rose by 7%

According to information provided by Nomisma and Fimaa-Confcommercio, requests for a house on the coast for the last 12 months increased by 7%. If you remember last year, buyer activity in the housing sector by the sea in Italy also increased by 7.6%.


Luxury housing near the lakes has risen by 16% over the year, and ski resorts houses have risen in price by 6.8%.


For the last 2 years Italy has become much more affordable in terms of property prices, and this fact is a good incentive for potential buyers. The average property prices fell by 2.2%. The most expensive settlement in Italy is Santa Margherita Ligure. Objects in this city are sold at €14 000 per sqm. In Forte dei Marmi property owners ask for €13 200 per sq. m. In Sorrento a square meter costs €8 000.

Experts believe that in 2017 the holiday houses market will fully recover after a sharp downturn of 2013.

Based on the materials of versia.ru

Photocredit Depositphotos.com