Lombardia
Capital: Milano
Lombardy represents Italy’s most developed and liquid real estate market, with strong international appeal concentrated in Milan. Rental demand there is structurally high.
IRR (10 years)
6 – 9%
Average ROI
5 – 7%
Occupancy Rate
92 – 98%
Veneto
Capital: Venezia
Veneto offers a diversified real estate market, driven by both international tourism and a dynamic regional economy. It strikes a good balance between rental yield and stability.
IRR (10 years)
6.5 – 9.5%
Average ROI
5.5 – 7.5%
Occupancy Rate
90 – 96%
Piemonte
Capital: Torino
Piedmont offers interesting opportunities thanks to more accessible entry prices. Turin, currently transforming, is attracting new investment and shows medium-term appreciation potential.
IRR (10 years)
7 – 10%
Average ROI
6 – 8%
Occupancy Rate
88 – 95%
Emilia-Romagna
Capital: Bologna
Emilia-Romagna stands out for a stable and resilient real estate market, supported by strong economic activity and a large student population. Rental demand there is steady and secure.
IRR (10 years)
6.5 – 9%
Average ROI
5.5 – 7.5%
Occupancy Rate
91 – 97%
Liguria
Capital: Genova
Liguria is a coastal market marked by strong tourist appeal. Investments there are mainly location-driven, with dynamics that depend on seasonality.
IRR (10 years)
6 – 9%
Average ROI
5 – 7%
Occupancy Rate
85 – 93%
Trentino-Alto Adige
Capital: Bolzano
Trentino-Alto Adige offers an upscale real estate market, characterized by high stability and strong tourist appeal. Asset quality there is generally high.
IRR (10 years)
6 – 8%
Average ROI
5 – 7%
Occupancy Rate
90 – 97%
Friuli-Venezia Giulia
Capital: Trieste
This region offers a more discreet but interesting market for diversification, with potentially higher returns and still accessible prices.
IRR (10 years)
7 – 10%
Average ROI
6 – 8%
Occupancy Rate
85 – 93%
Valle d’Aosta
Capital: Aosta
Aosta Valley is a niche market focused on mountain tourism. Investments there are often tied to premium properties in highly sought-after areas.
IRR (10 years)
6 – 8%
Average ROI
5 – 7%
Occupancy Rate
80 – 90%
Lazio
Capital: Roma
Lazio benefits from a real estate market supported by Rome’s institutional and tourist presence. Rental demand there is structurally high and diversified.
IRR (10 years)
7 – 10%
Average ROI
6 – 8%
Occupancy Rate
88 – 96%
Toscana
Capital: Firenze
Tuscany is one of the most internationally attractive markets, especially for heritage investments. It combines long-term appreciation with strong tourist demand.
IRR (10 years)
7 – 11%
Average ROI
6 – 9%
Occupancy Rate
85 – 95%
Marche
Capital: Ancona
The Marche region offers a developing real estate market with a good balance between entry prices and quality of life, attracting growing demand.
IRR (10 years)
7.5 – 11%
Average ROI
6.5 – 9%
Occupancy Rate
82 – 92%
Umbria
Capital: Perugia
Umbria is still an undervalued region, offering interesting opportunities for opportunistic investment strategies, especially in tourism.
IRR (10 years)
8 – 12%
Average ROI
7 – 10%
Occupancy Rate
80 – 90%
Abruzzo
Capital: L’Aquila
Abruzzo offers an accessible real estate market with attractive returns, supported by steadily growing demand.
IRR (10 years)
8 – 12%
Average ROI
7 – 10%
Occupancy Rate
78 – 90%
Campania
Capital: Napoli
Campania is a dynamic market offering high returns, driven by strong urban density and significant tourist appeal.
IRR (10 years)
8 – 12%
Average ROI
7 – 10%
Occupancy Rate
80 – 92%
Puglia
Capital: Bari
Apulia is experiencing sustained growth thanks to international tourism, with an expanding real estate market and still attractive prices.
IRR (10 years)
8 – 13%
Average ROI
7 – 11%
Occupancy Rate
75 – 90%
Sicilia
Capital: Palermo
Sicily offers strong yield potential with a low entry cost. However, the market remains more heterogeneous and highly dependent on location.
IRR (10 years)
9 – 14%
Average ROI
8 – 12%
Occupancy Rate
70 – 88%
Sardegna
Capital: Cagliari
Sardinia is a market primarily oriented toward tourism, with premium assets in certain highly sought-after coastal areas.
IRR (10 years)
8 – 12%
Average ROI
7 – 10%
Occupancy Rate
65 – 85%
Calabria
Capital: Catanzaro
Calabria offers high-yield opportunities with very competitive prices, in a market that is still relatively unstructured.
IRR (10 years)
9 – 14%
Average ROI
8 – 12%
Occupancy Rate
65 – 85%
Basilicata
Capital: Potenza
Basilicata is a niche market with specific opportunities, especially in areas with strong tourist potential such as Matera.
IRR (10 years)
9 – 13%
Average ROI
8 – 11%
Occupancy Rate
65 – 85%
Molise
Capital: Campobasso
Molise remains a very limited and illiquid market, offering mainly occasional opportunities at low prices.
IRR (10 years)
9 – 13%
Average ROI
8 – 11%
Occupancy Rate
65 – 85%
