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Property auctions increased by 8.1% in 2021

12 January, Monitor Immobiliare

AstaSy reported an 8.1% increase in property auctions in 2021 from the previous year, for a total value of over €18 billion and 126,083 properties. Most of the auctioned properties (88.96%) have a starting price below €250,000.

Residential properties make up for 42.15% of the total auctioned properties, followed by land (11.51%), commercial properties (10.71%), other (8.49%), warehouses (7.31%), industrial assets (4.42%), constructions sites (1.07%), and hotels (0.47%).

Source: Monitor Immobiliare

Translator: Cristina Ambrosi

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