(Visited 3 times, 1 visits today)
(Visited 6 times, 1 visits today)
(Visited 4 times, 1 visits today)
(Visited 4 times, 1 visits today)
(Visited 19 times, 1 visits today)
(Visited 6 times, 1 visits today)
(Visited 6 times, 1 visits today)
(Visited 4 times, 1 visits today)
(Visited 5 times, 1 visits today)
(Visited 11 times, 1 visits today)

residential Market News: Spanish Real Estate Intelligence

Florence: house sales are declining
11 August, La Nazione After the growth reported in 2018, Florence property market has slowed down. According to the Revenue Agency, property transactions in the first quarter of 2019 were 1,159 in Florence (-5.2% from the same period of 2018). Mortgages applications decreased by 8.8% from last year, while the average amount requested is higher than in the rest of Tuscany, around 149 thousand euro. Source: La Nazione Translator: Cristina Ambrosi
 
Property values in mountain destinations are rising thanks to the arrival of broadband
11 August, Il Giornale Uncem (the national association of mountain communities, villages and authorities) announced that an Ftth (fibre to home) network is going to be implemented in the mountain communities on the Alps and Apennines, increasing the value of properties, both main residences as well as holiday homes. Already in 2018, the property values in mountain locations increased by 4%, for an average price of 2,122 euro/Sq m. Source: Il Giornale Translator: Cristina Ambrosi
 
Turin: high-end apartments in the former Pastiglie Leone factory
11 August, Il Giornale The old factory located in Corso Regina Margherita in Turin is currently undergoing an overhauling to be converted into high-end apartments and commercial units for an investment of over 2.5 million euro. The apartments are 15 in total, while the commercial spaces cover 370 Sq m. The average cost is around 2,400 euro/Sq m. Source: Il Giornale Translator: Cristina Ambrosi