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Bologna: the property market has restarted in the prime areas

21 September, Il Resto del Carlino

Concerning the market trend of the Bologna property market in the second half of 2018, Nomisma shows a heterogenous situation. Near the towers, prices average 4,325 euro/Sq m, while in Via Riva Reno-Lame prices decrease to 2,700 euro/Sq m. Giardini Margherita, Castiglione and Via Murri are the most expensive neighbourhoods, with average prices around 4,200 euro/Sq m. Prices dramatically reduce in Pilastro (2,200 euro/Sq m for new houses), as well as in the areas of Zanardi, Marco Polo and Borgo Panigale. Prices in Bolognina, Ippodromo and Piazza Dell’Unità are around 2,400 euro/Sq m.

According to Nomisma, property prices have finally started growing along with the number of transactions, especially in the most exclusive areas of Bologna.

Source: Il Resto del Carlino

Translator: Cristina Ambrosi