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Property prices in Turin are experiencing moderate growth, with the citywide average increasing by 5.75% year-over-year to €2,041 per square meter as of January 2025.
While the Turin property market isn't experiencing explosive growth like Milan or Rome, it's showing steady appreciation with certain neighborhoods like Centro seeing stronger gains of around 6%, making it an interesting opportunity for investors seeking more affordable entry points into Italy's real estate market.
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Property prices in Turin are rising at a moderate pace, with citywide prices up 5.75% year-over-year as of January 2025, reaching €2,041 per square meter. The ECB's recent interest rate cut to 2% is expected to further stimulate demand by making mortgages more affordable.
The Centro district leads price growth at €3,776/m², while emerging neighborhoods like Barriera di Milano and Lingotto offer investment opportunities at lower price points. With rental yields averaging 8.34% - higher than most Italian cities - Turin presents a compelling case for property investment in 2025.
| Key Indicator | Current Value | Year-over-Year Change |
|---|---|---|
| Average Price (Municipality) | €2,041/m² | +5.75% |
| Centro District Price | €3,776/m² | +6% (estimated) |
| Average Rental Price | €12.10/m²/month | +10.10% |
| Gross Rental Yield | 8.34% | Higher than national average |
| ECB Interest Rate | 2.00% | -25 basis points (June 2025) |
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
What are the current property prices in Turin compared to last year?
Property prices in Turin have shown steady growth over the past year, with the municipality average reaching €2,041 per square meter in January 2025.
This represents a significant 5.75% increase from January 2024, when the average price was €1,930 per square meter. The growth trajectory has been relatively consistent, with prices reaching their peak in October 2024 at €2,061 per square meter before slightly moderating.
The rental market has experienced even stronger growth, with average rental prices climbing to €12.10 per month per square meter in January 2025 - an impressive 10.10% increase from €10.99 in January 2024. This rapid rental price growth indicates strong demand from tenants, particularly young professionals and students drawn to Turin's evolving economy.
Different property types show varying price points, with apartments averaging €2,195 per square meter while houses are more affordable at €1,217 per square meter. This price differential reflects the urban nature of Turin where apartments in central locations command premium prices.
It's something we develop in our Italy property pack.
Which Turin neighborhoods are seeing the strongest price growth in 2025?
The Centro district continues to dominate Turin's property market with the highest prices at €3,776 per square meter as of January 2025.
This prestigious area has maintained its position as the most expensive neighborhood, attracting buyers seeking proximity to cultural attractions, restaurants, and the city's historic architecture. The Centro area has seen consistent appreciation due to limited supply and high demand from both local and international buyers.
| Neighborhood | Average Price (€/m²) | Growth Potential |
|---|---|---|
| Centro | 3,776 | High - Limited supply, strong demand |
| Crocetta | 3,200-3,500 | High - Upscale area, heritage renovations |
| San Salvario | 2,200-2,600 | Medium-High - Gentrification, young professionals |
| Lingotto | 1,800-2,200 | High - Major redevelopment projects |
| Barriera di Milano | 1,044-1,209 | Medium - Urban renewal, affordable entry |
Emerging neighborhoods like Barriera di Milano offer exceptional value at just €1,044 per square meter, representing a stark contrast to central Turin's prices. This area is experiencing significant transformation through the Urban Barriera project, introducing new infrastructure, pedestrian areas, and cultural initiatives.
Lingotto has become a hotspot for investors due to major redevelopment projects including the Health, Research and Innovation Park. The Italian FS Group's comprehensive plan featuring a new Bridge Station has significantly boosted property values and rental yields in this area.
What is the property price forecast for Turin in 2026?
Based on current market trends and economic indicators, property prices in Turin are expected to continue their upward trajectory through 2026.
Market analysts project annual growth of 2-4% for the Turin property market, which would bring average prices to approximately €2,082-2,123 per square meter by early 2026. This moderate growth rate reflects Turin's position as a stable, mature market that offers consistent returns rather than speculative gains.
Several factors support this positive outlook including the ECB's recent interest rate cut to 2% in June 2025, which has made mortgages more affordable and increased buyer activity. The central bank's accommodative stance is expected to continue supporting property demand throughout 2025 and into 2026.
Urban renewal projects across Turin, particularly in neighborhoods like Lingotto and Barriera di Milano, are creating new investment opportunities and driving appreciation in previously overlooked areas. The city's shift toward technology, education, and service sectors is diversifying the economy and attracting a new demographic of buyers.
However, buyers should note that growth rates may vary significantly by neighborhood, with central areas potentially seeing lower percentage gains due to already high prices, while emerging districts could experience stronger appreciation.
How has the ECB interest rate cut affected Turin's property market?
The European Central Bank's decision to lower interest rates by 25 basis points in June 2025 has provided a significant boost to Turin's property market.
With the deposit facility rate now at 2.00%, down from 2.25%, mortgage borrowing has become more affordable for potential homebuyers. This reduction means that a €200,000 mortgage over 30 years now costs approximately €985 per month, making homeownership more accessible to a broader range of buyers.
The rate cut has particularly benefited first-time buyers, who represent 74% of property transactions in Turin. Lower borrowing costs have enabled these buyers to enter the market sooner and potentially afford properties in better locations or with more space.
Real estate agents in Turin report increased viewing activity and faster decision-making from buyers since the rate cut was announced. Properties in the €200,000-400,000 range are seeing particularly strong demand as buyers take advantage of improved affordability.
Market analysts expect the ECB to maintain its accommodative stance through 2025, with potential for additional rate cuts if economic conditions warrant, which would further support property demand in Turin.
Which property types are experiencing the highest demand in 2025?
Energy-efficient apartments with smart home technology are leading demand in Turin's 2025 property market.
These tech-equipped properties cater to young professionals and tech workers who prioritize sustainability and modern conveniences. Apartments featuring energy-saving systems, smart thermostats, and high-speed internet infrastructure command premium prices and sell quickly.
- Tech-equipped, energy-efficient apartments in central locations
- Family-sized apartments (85-120m²) in suburban areas near schools and parks
- Properties with outdoor spaces - terraces, balconies, or private gardens
- Newly built or recently renovated properties with A or B energy ratings
- Studio and one-bedroom apartments near universities for rental investment
The post-pandemic shift in lifestyle preferences continues to drive demand for properties with outdoor spaces. Apartments with terraces or balconies can command 10-15% price premiums compared to similar units without outdoor areas.
Suburban family homes near green spaces and quality schools are appreciating rapidly as families seek more space while maintaining reasonable commute times to the city center. Areas like Crocetta and parts of Lingotto are particularly popular with this demographic.
It's something we develop in our Italy property pack.
How does Turin compare to other major Italian cities for property investment?
Turin offers significantly better value compared to Italy's other major cities while maintaining strong rental yields.
With an average price of €2,041 per square meter, Turin is approximately 50-60% cheaper than Milan (€4,986/m²) and substantially more affordable than Rome (€3,563/m²) or Florence (€4,331/m²). This price differential makes Turin an attractive entry point for investors who find Milan and Rome prohibitively expensive.
| City | Average Price (€/m²) | City Center (€/m²) | Rental Yield |
|---|---|---|---|
| Milan | 4,986 | 5,481 | 5.44% |
| Rome | 3,563 | 3,800 | 7.55% |
| Florence | 4,331 | 4,500 | 7.35% |
| Bologna | 3,450 | 3,600 | 6.80% |
| Turin | 2,041 | 3,776 | 8.34% |
Crucially, Turin offers the highest average rental yield at 8.34%, significantly outperforming Milan's 5.44% and exceeding both Rome and Florence. This combination of lower entry prices and higher rental returns makes Turin particularly attractive for buy-to-let investors.
The city's rental market benefits from strong demand from students attending prestigious institutions like the Polytechnic University and from young professionals working in the expanding tech and service sectors.
What impact are foreign investors having on Turin's property market?
Foreign investment in Turin's property market is increasing steadily, particularly in luxury and regenerated neighborhoods.
International buyers are drawn to Turin's combination of relatively affordable prices compared to Milan and Rome, coupled with the city's rich cultural heritage and improving infrastructure. Areas like Quadrilatero Romano and Centro are seeing particular interest from foreign investors seeking premium properties.
The foreign buyer demographic includes EU citizens taking advantage of freedom of movement, American and British investors diversifying their portfolios, and Asian buyers attracted by Italy's investment visa programs. These buyers typically focus on properties priced above €500,000 in prime locations.
Foreign investment has contributed to price appreciation in certain neighborhoods but hasn't created the market distortions seen in cities like Milan or Venice. The impact remains measured, with international buyers representing an estimated 15-20% of transactions in premium areas.
Local real estate agents report that foreign buyers often purchase properties for mixed use - personal enjoyment during part of the year and rental income for the remainder, taking advantage of Turin's strong rental market.
Is there a housing shortage or oversupply in Turin?
Turin is experiencing a shortage of quality housing, particularly in desirable central neighborhoods.
The supply of new listings has been declining, with properties in prime locations selling quickly and often receiving multiple offers. The average time on market for well-priced properties in good areas has dropped to just 28-34 days, with the most desirable properties selling in under two weeks.
The shortage is most acute for modern, energy-efficient properties in central locations. Older properties requiring significant renovation are more readily available but less in demand, creating a two-tier market where quality trumps quantity.
Short-term rental platforms have exacerbated the supply shortage by removing potential sale inventory from the market. Many property owners in tourist-friendly areas prefer the flexibility and income potential of short-term rentals over traditional sales.
New construction remains limited due to strict urban planning regulations and the scarcity of available land in central areas. Most new supply comes from renovation and conversion projects rather than ground-up development.
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What are the main factors driving property prices in Turin?
Economic diversification is the primary driver of Turin's property market growth in 2025.
The city's transition from its traditional automotive industry base to a more diverse economy focusing on technology, education, and services has created new employment opportunities and attracted a younger, professional demographic. This economic shift has increased demand for modern housing in well-connected neighborhoods.
Infrastructure investments, including improvements to public transportation and the redevelopment of former industrial areas, are creating new residential opportunities and enhancing property values in previously overlooked districts. The Lingotto redevelopment project exemplifies this transformation.
Demographic factors also play a crucial role, with international students and young professionals driving rental demand. Turin's universities attract over 100,000 students, creating consistent demand for rental properties and supporting investor returns.
The ECB's monetary policy has provided additional support through lower interest rates, improving mortgage affordability and enabling more buyers to enter the market. This has been particularly beneficial for first-time buyers who dominate Turin's property transactions.
Are mortgage rates favorable for buyers in 2025?
As we reach mid-2025, mortgage conditions in Turin are the most favorable they've been in over a year.
Following the ECB's rate cut to 2% in June 2025, Italian banks have reduced mortgage rates accordingly. Fixed-rate mortgages for 20-30 year terms are now available at rates between 3.5% and 4.5%, depending on the loan-to-value ratio and borrower profile.
Variable rate mortgages, which closely track ECB rates, have become particularly attractive with rates starting around 3%. However, borrowers should consider potential future rate increases when choosing between fixed and variable options.
Banks are showing increased willingness to lend, with some offering up to 80% loan-to-value ratios for qualified buyers. First-time buyers under 36 can access government-backed guarantee schemes that enable purchases with lower deposits.
The combination of lower rates and competitive lending has reduced monthly mortgage payments by approximately 10-15% compared to early 2024, significantly improving affordability for buyers.
Which areas offer the best investment potential for 2026?
Lingotto and Barriera di Milano present the strongest investment potential for 2026 based on planned developments and current pricing.
Lingotto's transformation through the Health, Research and Innovation Park project, combined with its proximity to the exhibition center, positions it for significant appreciation. Current prices around €1,800-2,200 per square meter offer room for growth as the redevelopment progresses.
- Lingotto - Major redevelopment, exhibition center proximity, strong rental yields
- Barriera di Milano - Urban renewal projects, affordable entry prices at €1,044/m²
- San Salvario - Gentrification trend, popular with young professionals
- Vanchiglia - Student area with consistent rental demand
- Aurora - Infrastructure improvements, still affordable at around €1,209/m²
These emerging neighborhoods offer the combination of relatively low entry prices and significant upside potential through ongoing regeneration projects. Investors focusing on these areas can benefit from both capital appreciation and strong rental yields.
The key is identifying properties near planned infrastructure improvements or in the path of gentrification while prices remain accessible.
It's something we develop in our Italy property pack.
Should international buyers invest in Turin property now?
International buyers should seriously consider Turin property investment in 2025 given the favorable market conditions.
The combination of prices 50-60% lower than Milan, rental yields exceeding 8%, and a stable political environment makes Turin attractive for international investors. The recent ECB rate cut has improved financing conditions, while the euro's current levels provide good entry points for non-eurozone buyers.
Italy's investment visa program offers additional incentives for non-EU buyers investing over €500,000 in property. This provides residency rights and potential path to citizenship, adding value beyond pure investment returns.
However, international buyers should be aware of Italy's property tax system, including IMU (municipal property tax) and potential capital gains taxes on resale. Working with local legal and tax advisors is essential to structure investments efficiently.
The outlook remains positive for international investors willing to take a medium to long-term view, particularly those focusing on rental income from Turin's strong student and professional tenant base.
We made this infographic to show you how property prices in Italy compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It's an easy way to spot where you might get the best value for your money. We hope you like it.
Conclusion
Based on our comprehensive analysis of Turin's property market as of June 2025, the answer is clear: Yes - property prices in Turin are going up, though at a moderate and sustainable pace.
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
The Turin property market presents a compelling opportunity for both investors and homebuyers in 2025. With prices rising 5.75% year-over-year and rental yields averaging 8.34% - the highest among major Italian cities - Turin offers an attractive combination of affordability and returns.
The recent ECB interest rate cut, ongoing urban renewal projects, and the city's economic diversification all support continued price growth. While not experiencing the explosive gains of Milan or Rome, Turin's steady appreciation and strong fundamentals make it an excellent choice for those seeking stable, long-term property investment in Italy.
Sources
- Immobiliare.it - Turin Real Estate Market Data
- Statista - Average Property Prices in Turin by Area
- Global Property Guide - Italy Property Market Analysis 2025
- European Central Bank - Monetary Policy Decisions June 2025
- Investropa - Hottest Real Estate Areas in Turin 2025
- CNBC - ECB Interest Rate Decision June 2025
- Investropa - Turin Real Estate Market Forecast
- Idealista - Properties for Sale in Turin
- Investropa - Is it Worth Buying Property in Turin
- Investropa - Turin Property Price Forecasts 2025