Real Estate Prices
The more central or accessible the location is to tourists, the more expensive: this little formula encapsulates real estate prices in South Tyrol. Due to the limited availability of space on the valley floor, property prices across the province tend to be higher than in comparable regions of northern Italy. Prices move up or down in numerous gradations depending on compass point and municipality. Per-square-metre prices under € 2,000 can be found mainly in the western districts of the province, Venosta (Vinschgau) Valley, and parts of the Burggrafenamt area. Tourism strongholds in the Dolomites are the most expensive: prices can rise in these areas up to more than € 10,000 per square metre.
The most sought-after housing options are apartments in the city of Bolzano. In the city centre, the cost of buying a home, in average condition, is currently between € 3,100 and € 3,700 per square metre; renting costs between € 9 and € 10.8 per square metre. For homes in top condition, prices rise to between € 3,900 and € 5,300 and € 11.4 to € 15.4 per square metre, respectively.
In the other municipal capitals, purchase prices average between € 2,000 and € 3,000; rent ranges between € 5 and € 10 per square metre, depending on the condition of the property and its location.