The North-South price gap
The price difference between northern and southern Italy reaches 200-300%. Milan (EUR 4,500-7,000/m²) and Bologna (EUR 3,200-4,800/m²) are in a completely different league from Calabria (EUR 700-1,200/m²) or inland Sicily (EUR 500-1,000/m²).
North: stability and prestige
Milan, Turin, Bologna, Venice and Florence offer a stable market with predictable growth of 2-5% annually. High liquidity — property is easy to sell. Main buyers are Italians, professionals and corporations.
South: bargains and potential
Puglia, Sicily, Calabria and Sardinia offer the lowest prices in Western Europe. The 'Case a 1 euro' programme attracts media attention, but real renovation costs are EUR 50,000-150,000. However, the growth potential is significant.
Where to invest in 2026?
The best price-to-growth-potential ratio is offered by: Puglia (Ostuni, Lecce), Sicily (Cefalù, Taormina), southern Tuscany (Maremma) and Liguria (outside Cinque Terre). These are regions combining attractive prices with growing tourist interest.