‘Reversed trend’: Property in southern Italy is now in demand due to the pandemic

Nov 04, 2020 963

Italy’s domestic property market has long had two major splits - city and country, and north and south. Unsurprisingly, prices in and around northern cities such as Milan tend to be among the highest in the country, while homes in the south are usually more affordable (though not always). The rural property market, meanwhile, has in fact been in slow decline for years.

But now with the rise of remote working, many people can now consider moving to a more spacious property in a cheaper area. Others are looking at returning to southern hometowns after previously moving north to find work.

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SOURCE: https://www.thelocal.it/

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