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Tecnocasa: Turin property market on the rise

26 January, La Stampa

Tecnocasa reports that property prices in Turin grew by 0.7% in the first half of 2019, while transactions were 6,853 (+0.3% from the same period of 2018). Prices rose especially in Via Lagrange, Via Roma, Via della Rocca and Piazza Bodoni. The average prices for renovated upscale homes are around 5,000-7,000 euro/Sq m. Investors mainly focus on Piazza Carlo Felice and Piazza Cnl, where important requalification projects are being carried out. The emerging trend is to invest in already let properties or to buy properties to convert into B&B.

Source: La Stampa

Translator: Cristina Ambrosi