Luxury real estate: the average budget of buyers is 2.2 mln

Posted: 13 January 2017

The average amount that those looking for luxury properties was willing to spend in 2016 was 2.2 million euro, a figure that was down 8.3% compared to 2015, when it was at 2.4 mln euro.

It is learned from an analysis of LuxuryEstate.com, international portal of Immobiliare.it partner for the luxury sector.

According to the website data, moreover, the number of requests in 2016 grew by 5% compared to 2015, with Italy who finished in fourth place among the favorite destinations for buyers in Europe.