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PROPERTY: House prices continue to rise in Italy amid pandemic

The average price of homes sold in Italy rose again in the last quarter, new data shows, continuing the pandemic's shakeup of the Italian property market.

Published: 20 December 2021 16:44 CET
A house in Monza, Italy.
Both the number and the value of property sales in Italy has increased. Photo by Valentina Locatelli on Unsplash

The average price of property purchased for housing or for investment increased by 1.2 percent in the third quarter of 2021 (ending in September) compared to the previous quarter, and by 4.2 percent percent compared to the same time last year, according to new preliminary data from Italian national statistics agency Istat.

READ ALSO: The cheap Italian properties buyers are choosing instead of one-euro homes

While a relatively modest increase, this confirms a continuation of the trend of rising house prices in Italy amid the pandemic following a brief lull over summer.

Italy’s first major jump in prices for years was recorded at the end of the first quarter of 2020.

House price changes by quarter, 2015-2021. Source: Istat/Idealista

Until the end of 2019, Italy had been one of the only countries in the European Union recording stagnation and decline in property prices.

Industry experts said at the time that average property prices in the country were being weighed down by the high number of old, neglected properties on the market which were proving difficult to sell.

Since then, the introduction of Italy’s ‘110% building bonus’ as part of the post-pandemic economic recovery plan has stimulated interest in the purchase of old buildings in need of serious work.

And of course, since 2019 a growing number of Italy’s remote towns and villages have famously begun selling off old, crumbling houses for the symbolic price of one euro.

READ ALSO:  How can a non-EU citizen get a mortgage to buy property in Italy?

Still, Istat noted that new homes continue to drive much of the rise in prices in 2021, with a 3.3 percent rise, while the price of existing properties rose by 1.8 percent.

‘Index of prices of new and existing houses’ for 2010-2021. Source: Istat

The agency said the figures were recorded “in the context of lively growth in sales volumes”, with the number of property purchases in Italy up by 21.9 percent on the previous quarter according to Italy’s Revenue Agency (Agenzia delle Entrate).

Low interest rates coupled with stable house prices created favourable conditions for buyers in Italy earlier in 2021  while the Italian government also began offering financial aid for first-time buyers from June.

 
Property search portal Idealista recently published the findings of a new survey saying some areas of Italy are seeing a huge jump in demand.

Idealista said the Italian real estate market is “undergoing a profound transformation” in pandemic times and is now seeing  “a fragmentation into many micro-areas”.

Considerable price hikes were noted in neighbourhoods on the outskirts of some of Italy’s large cities, as well as around smaller cities which tend to rank highly on ‘quality of life’ indexes.

See more in The Local’s Italian property section.

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PROPERTY

Six surprising Italian building laws that you might not know about

Italy has a fair share of rules when it comes to building or renovating property – but there are some that you may well find hard to believe.

Published: 12 April 2024 15:31 CEST
Six surprising Italian building laws that you might not know about

Owning a home in Italy is the dream of a lifetime for many.  

But whether you’ve already bought a casa in the country and are now in the process of renovating it, or just have your eyes set on a picturesque farmhouse in the Tuscan hills, you may already have some level of familiarity with the intricate bureaucracy that goes along with purchasing and revamping property in Italy.

That includes complying with a fairly long series of building regulations, some of which can often be hard to believe, even for locals.

Mandatory bidets

Most Italians can’t begin to imagine a bathroom without a bidet – a low, oval basin which is generally used to wash one’s nether regions (or feet). But that’s not the only reason why the item is a ubiquitous feature in Italian homes.

Bidets are a legal building requirement in Italy as a Ministerial Decree issued in 1975 states that in each house “at least one bathroom must have the following fixtures: a toilet, a bidet, a bathtub or shower, and a sink”.

READ ALSO: Are bidets legally required in Italian homes?

Italian law also says that there should be a minimum distance between the bidet and other bathroom fixtures (for instance, the bidet should be at least 20 centimetres away from both the toilet and the bathtub or shower).

A stylish bathroom

Bathrooms in most countries in the world don’t feature a bidet, but things are quite different in Italy. Photo by Sidekik Media via Unsplash

As outlandish as it may sound, the above requirement is necessary to the issuance of the Certificato di Agibilità, which attests that a building abides by the relevant health and safety regulations and is therefore safe to be occupied.

Bathroom wall tiling requirements 

While we’re on the subject of bathrooms, each Italian municipality (or comune) has its own set of building regulations (or regolamento edilizio, RE), which, among other things, establishes the minimum height of bathroom wall tiling in private homes. 

For instance, in Milan and Naples wall tiles must have a minimum height of 1.80 metres. 

It’s also worth noting that some comuni may not give precise height indications and take the bottom or top of a bathroom’s window as the minimum permissible height.

AC rules

Some parts of the country experience bouts of extreme heat over the summer, and an air-conditioning system is generally the most effective way to keep your Italian house cool over the hot months. But if you’re the owner of a flat, installing an AC system may be a bit of a headache. 

AC system

Installing an AC system in Italy is generally far easier for owners of single-family houses than it is for flat owners. Photo by Carlos Lindner on Unsplash

Specific building regulations may prevent owners from having external AC engines on the building’s facade or demand that AC engines are of the same colour as the building. 

READ ALSO: What are the rules for installing air conditioning in your Italian home?

Flat owners should also be mindful of article 907 of Italy’s Civil Code, which specifies that any type of external construction, including AC engines, should be at least three metres away from the windows or terrace of the floor directly above them to avoid obstructing the view.

Minimum size for windows

Like in other countries, national building regulations establish minimum height and surface requirements for all rooms in private homes. 

For instance, a bedroom for one person must have a surface area of at least 9 square metres in, whereas bedrooms for two people must be at least 14 square metres in size.

But there are size requirements for windows too. In fact, the surface area of a room’s window opening must be at least one eighth of the room’s surface area (e.g., 1.25 square metres for a 10-square-metre room).

Are in-sink garbage disposal units legal?

If you’ve spent any meaningful amount of time in Italy, you may have noticed that in-sink garbage disposal units are nearly non-existent in the country and food scraps are generally kept in a small organic waste container that’s emptied out once or twice a week.

Disposal units (or tritarifiuti in Italian) are technically legal in the country, but, under Italian law, their installation is only possible after “verification of the existence of a depuration system” in the sewer network on the part of its operator and following a notification of successful installation to the water network operator.  

READ ALSO: Sheds and sewage: How neighbour disputes complicate life in Italy

Most Italians prefer to regularly take out their food scraps to their local garbage collection area to the hassle of that procedure.

Keeping plants on the balcony 

Though this is not strictly related to building regulations, it’s still worth a mention for owners with a green thumb.

Some buildings can occasionally prevent flat owners from keeping plants in common areas (like a hallway, or a stairwell landing) to avoid any obstruction to the passage of other residents.

Having plants on a private balcony is generally permitted. However, owners should be cautious when watering them. 

Water dripping from your balcony to the balcony of the flat (or flats) right below on a regular basis may amount to the offence of Reato di getto di cose pericolose (literally, ‘throwing of dangerous things’).

This comes with a fine of up to 206 euros, and in the most serious cases, a jail term of up to a month.

This list is non-exhaustive. If you know of any other surprising building laws in Italy, let us know in the comments below.

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