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Average rental price in Italy

Average rental price in Italy

The average rental price has doubled in 20 years

In Italy, the average cost of renting real estate is steadily increasing, and even faster than the salary of the population. For comparison: over the past 20 years, the cost of renting apartments and houses has increased by an average of 105%, while wages have not increased by more than 18 percent.

The cost of renting real estate in Italy is constantly growing, experts believe that the reason for this is the inability of people to buy their own housing. The demand for housing in Italy has been, is and will be high, experts say. A large tourist flow also contributes to the rise in rental prices.

For comparison, there are some statistics: in August last year, the average rental cost was 740 euros, while the same figure for February this year rose to 780 euros - by more than 5%. In some parts of the country, housing is getting more expensive faster: so, for example, in Florence - by almost 15%.

The most expensive rental today is in large or popular cities: in Madrid - 1820 euros, in Rome - 1630 euros, in Florence - 1230 euros.

The Italian real estate market as a whole is developing. There has been an increase in demand not only for rent, but also for real estate. This year, sales have grown in general across the country, which causes a mild investment climate.

Over the past few years, there has been a rapid increase in real estate prices in the Israeli real estate market, which is why the markets began to gradually fade - the number of sales decreased every month.

Israel as an excellent real estate market for foreigners has been open for more than six years. Due to the rise in real estate prices in 2020, many, especially Russians - due to the abolition of the visa regime, are eager to invest in Israel's growing housing.

The Real Estate Valuation Department of the Israeli Ministry of Justice provided the public with such information. In major cities: Jerusalem, Tel Aviv and others, the cost of housing continues to rise.

Good news for those who intend to buy an apartment in Jerusalem or find a good ground for investment! The Jerusalem Mayor's Office has approved the construction of more than five hundred new properties in the city.

The incessant rise in housing prices in Israel in large cities leads to the fact that fewer and fewer people have the opportunity to purchase it. Therefore, the popularity of the real estate market of large Israeli cities is gradually falling. Especially after the coronavirus. People have no money left at all. 

Alupka is a small, but very attractive seaside town for foreign tourists. Being very close to other resort centers - Yalta, Simeiz, this city has found something to stand out, and therefore there are always many people who want to buy a house in Alupka.

How to buy a house in Yalta.  Real estate prices in Crimea remain stable, and the purchasing power of citizens is falling - in light of this, it is a sin not to take advantage of the opportunity and not buy a house in Yalta - one of the most popular Crimean resort cities.

It would seem a stupid question - what can you have fun in such a popular, fashionable and developed resort as Alanya? But many tourists who come here do not know half of the entire entertainment potential of the city, so it is worth briefly describing it.

Surely everyone who has only recently been able to buy a house in Mahmutlar, there was a need to purchase a large number of things. The residents of the town have a great opportunity to help each other, sell unnecessary things and buy necessary things from neighbors! Booking a table for sales cost only 5 lire.

Turkish Alanya can rightfully claim to be the "sunniest" resort: the number of sunny days here is rarely less than three hundred. The climate in Alanya is warm, there is no sea hardness, cold winds.

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