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Tourist destinations, the development of prices from 2008 to 2016

Posted: 23 January 2017

The Tecnocasa research department conducted an analysis on the performance of the real estate market in the Italian tourist destinations to identify characteristics and trends over the last 9 years.

Property prices have fallen for all the years considered. The seaside locartions have suffered the greatest losses (-46.1% accumulated over 9 years), followed by mountain areas (-32.9%), while prices of lake houses have resisted better (-31.17%).

In the period between 2015 and 2016 yet the prices drop, but the demand for holiday home is on the rise thanks to more affordable prices and cheaper mortgages.