Italy is the 5° European country chosen by students who participate in the university exchange program, Erasmus+.
The program is a real blessing for Italy’s real estate market, in particular for the areas where there are universities that attract a large number of foreign students.
Bologna is the city with the largest number of foreign students. They spend at least €402 a month for a single room. This business generates earnings for €9 million during the academic year.
Rome is in second place, for a total of €4 million of profit (€437 a month for a single room).
And then there is Florence where earnings are about €3 million (€418 a month for a single room).