Italian real estate market shows growth in bare ownership and coastal properties

The Italian real estate market is showing varied trends across different sectors. According to data from Immobiliare.it, the 'nuda proprietà' (bare ownership) market has grown by 2% nationally over the last 12 months. This segment sees an average price of 2,077 euros per square meter, which remains lower than the traditional residential market average of over 2,200 euros per square meter. Supply and demand in this sector have also increased, with supply up by 5% and demand up by 4%.

In the coastal property sector, a report by Casa.it identifies Portofino as the most expensive seaside location in Italy, with average asking prices reaching 1,762,619 euros and a 13% annual increase. Other high-value locations include Capri and Forte dei Marmi. While some areas like Alassio and Amalfi have seen significant price hikes, others, such as certain zones in Forte dei Marmi, have experienced declines.