Real estate property in Italy

Jun 05, 2017 940

An updated photograph of real estate in Italy is represented by the Sixth Report published by the Revenue Agency which reports the data collected for the year 2014. About 20 million households own the house they live in, with a geographic breakdown pointing to the south and the islands a percentage of 82.9%, followed by the north with 75.3%, and finally 73 , 9% in central Italy.

The average value of housing is 170 thousand euros (about 1450 euros / m2), which is down 2.4% compared to 2013. Apartment owners are over 25.7 million, divided by employees and retirees and account for 81.7%; The tenants, on the other hand, are 4.7 mln.

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SOURCE: http://www.investinitalyrealestate.com

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