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Naples residential market shows declining transactions and stable prices
19 November, Il Denaro
Gabetti reports that, in the first nine months of 2020, property prices on the Naples real estate market have remained stable (-0.3%) compared to 2019, although transactions declined by 28.1% from the same period.
Posillipo and Chiaia are still the most expensive parts of the city with prices between 5.500-6,200 euro/Sq m, while prices in the Old Town are set between 2,600 – 2,750 euro/Sq m. Finally, the areas of Materdei Vecchia, Sanità, San Lorenzo, Vicaria and Mercato report lower prices ranging from 1,725 to 2,200 euro/Sq m.
Source: Il Denaro
Translator: Cristina Ambrosi