Yes, the analysis of Turin's property market is included in our pack
The question of 'the best neighborhood to buy a property in Turin' does not have a one-size-fits-all answer.
Some of you are buying to live there, while others want to make the best investment possible. Individual preferences and circumstances matter.
That’s why the article below is covering every intent.
At Investropa, when we write a blog post or when we update our our property pack for Italy, we want to bring solutions and cover different aims in a clear and organized way.
Enjoy the read, and please remember that we are not financial or investment experts. This article is for informational purposes only.
To improve the readability and user-friendliness of this article, we will categorize neighborhoods in Turin into various groups, including budget-friendly options, emerging hotspots, and areas with high rental demand, among others. Consequently, some neighborhoods may appear in multiple categories and be mentioned several times throughout the article.
Make a profitable investment in Turin
Better information leads to better decisions. Save time and money. Download our guide.
How is the real estate market in Turin?
The real estate market in Turin is currently experiencing a dynamic and vibrant phase, attracting a diverse range of buyers, including a significant number of foreigners.
The appeal of Turin lies in its unique blend of historical charm and modern amenities, making it a desirable location for various types of buyers.
One of the key strengths of Turin is its rich cultural heritage, which is unlike any other city. Turin was the first capital of Italy and is home to an array of baroque buildings, museums, and art galleries.
This historical significance adds a unique charm to the city's real estate, drawing in those who appreciate a blend of history and modern living.
People are drawn to buy in Turin for several reasons.
Families and professionals are attracted by the city's high-quality education system and thriving job market.
The presence of renowned universities and multinational companies makes it an ideal place for those seeking career and educational opportunities.
Additionally, the city's vibrant culinary scene and renowned cafes, especially those in the historic city center, make it a desirable location for those who enjoy a rich cultural life.
Foreign interest in Turin's real estate market is particularly high. This is due in part to the city's strategic location, being close to the Alps and the French border, which offers easy access to both ski resorts and other European destinations.
Moreover, Turin's improving infrastructure and the increasing ease of international connectivity make it an attractive option for expatriates and investors.
The dynamism of Turin's real estate market can be highlighted by a specific data point: the steady increase in property values over the past few years. This trend indicates a healthy and growing demand for properties in the city.
One unique and positive aspect specific to properties in Turin is the presence of elegantly designed historical apartments in the city center, many of which feature original frescoes and intricate architectural details.
These properties offer a living experience that is deeply rooted in the city's rich history, something that is hard to find elsewhere.
Looking to the future, properties in Turin are expected to continue gaining value for several reasons.
The city's ongoing development projects, such as the revitalization of historical neighborhoods and the expansion of green spaces, are enhancing the quality of living.
Moreover, Turin's growing reputation as a hub for art and culture, combined with its strategic geographical position in Europe, ensures that the demand for real estate in the city will remain strong.
Top neighborhoods in Turin to consider for living
Areas in Turin that are budget-friendly
If you're looking to buy property in Turin on a budget, there are a few neighborhoods you might want to consider.
Here is a summary table. Below, we will give more details.
| Neighborhood | Average Price per Sqm | Property Types | Residents | Strengths | Weaknesses |
|---|---|---|---|---|---|
| Barriera di Milano | Lower | Older and newer apartments | Mixed, diverse community | Cultural mix, improving infrastructure | Crime, less polished environment |
| Mirafiori Sud | Moderate | Post-war and newer apartments | Factory workers, young professionals | Good transport, community feel | Industrial landscape, limited recreation |
| Borgo Vittoria | Lower | Variety of types, older and newer | Families, workers, immigrants | Community feel, development projects | Urban decay, less central location |
Barriera di Milano
Barriera di Milano is known for its budget-friendly property options.
The average price per square meter in Barriera di Milano is relatively lower compared to other parts of Turin, primarily because it's historically been a working-class area. Despite this, there's potential for property values to increase due to ongoing urban renewal projects.
You'll mostly find older apartments and some newer constructions. The residents are a mix of long-time locals and immigrants, creating a diverse community.
The area's strengths include its rich cultural mix and improving infrastructure, while challenges include some lingering issues with crime and a less polished urban environment.
Mirafiori Sud
Mirafiori Sud is another area where you can find affordable properties.
It's an industrial area, home to the Fiat factory, which influences the property prices. The average price per square meter here is moderate, making it a good option for budget buyers. The properties are a mix of post-war apartments and newer buildings.
The population is a blend of factory workers and young professionals. The area's strengths include good transportation links and a sense of community, with weaknesses being the industrial landscape and limited recreational facilities.
Property values might rise as the area continues to attract young professionals.
Borgo Vittoria
Borgo Vittoria is known for its lower property prices, attributed to its peripheral location and industrial past.
The area offers a variety of property types, from older apartments to newer constructions. The average price per square meter in Borgo Vittoria is on the lower end, attracting first-time buyers and investors. The population is diverse, with a mix of families, workers, and immigrants.
Strengths of Borgo Vittoria include its close-knit community feel and ongoing development projects, while drawbacks include some areas of urban decay and a less central location.
Future property value increases are expected as the neighborhood continues to develop and improve its infrastructure.
Don't lose money on your property in Turin
100% of people who have lost money in Italy have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
Areas in Turin that are popular and upscale
When looking to buy property in Turin, three neighborhoods stand out as upscale and popular choices. These neighborhoods each have their unique character and draw different types of residents.
| Neighborhood | Average Price/sqm | Resident Profile | Strengths | Weaknesses |
|---|---|---|---|---|
| Crocetta | High | Affluent professionals, families | Elegance, tranquility, proximity to city center | High cost of living |
| Borgo Po | High | Well-to-do individuals, culture enthusiasts | Historical charm, river views, cultural richness | Tourist crowds, competitive market |
| San Salvario | Moderate to High | Young professionals, artists | Vibrant nightlife, cultural diversity | Noise, uneven maintenance |
Crocetta
Crocetta is known for its elegance and exclusivity.
The properties in Crocetta are generally spacious and high-end, including classic villas and modern apartments. The average price per square meter in Crocetta can be quite high, reflecting the area's desirability.
This neighborhood attracts affluent professionals and families, seeking a blend of urban convenience and tranquility. Strengths include well-maintained streets, proximity to the city center, and an array of upscale shops and cafes.
However, the cost of living here is steep, and some may find it lacks the vibrancy of more diverse neighborhoods. Crocetta is expected to remain a top choice for luxury seekers.
Borgo Po
Borgo Po offers a unique charm with its blend of history and modernity.
The area features a mix of old-world architecture and newer developments. Property prices in Borgo Po are high, but for good reason: the neighborhood offers stunning views of the Po River and is close to Turin’s major attractions.
Its residents are mostly well-to-do individuals who appreciate the area's cultural richness. The strengths are its picturesque environment and cultural offerings.
On the downside, it can be crowded, especially with tourists, and the property market is competitive. Borgo Po's enduring appeal suggests its popularity will continue.
San Salvario
San Salvario is a diverse and dynamic area.
It's known for its vibrant nightlife and cultural scene, attracting a younger, cosmopolitan crowd. Property types in San Salvario vary, from traditional apartments to modern renovations.
Prices in San Salvario are relatively high but offer value due to the area's lively atmosphere and central location. The neighborhood is popular among young professionals and artists. Strengths include its rich cultural life and excellent dining options.
However, it can be noisy, and some parts are less well-maintained. Despite these drawbacks, San Salvario’s popularity is likely to persist, driven by its energetic vibe.
Make sure you understand the real estate market in Turin
Don't rush into buying the wrong property in Italy. Sit, relax and read our guide to avoid costly mistakes and make the best investment possible.
Areas in Turin that emerge as new hotspots
Let's explore these emerging neighborhoods in Turin that, according to our local partners and our customers, are getting quite a bit of buzz lately.
| Neighborhood | Property Prices | Resident Profile | Strengths | Weaknesses |
|---|---|---|---|---|
| Aurora | Lower than traditional hotspots | Young artists, entrepreneurs | Urban renewal, creative community | Industrial remnants, construction |
| Barriera di Milano | Reasonable | Young, trend-seekers | Cultural evolution, new amenities | Transitioning reputation |
| Vanchiglia | Relatively lower | Students, young families | Old-world charm, arts scene | Risk of gentrification, uneven development |
Aurora
Aurora is an evolving neighborhood that was once overlooked.
It's recently gained attention for its urban renewal projects and burgeoning arts scene. Initially more industrial, it's now attracting a creative crowd with its affordable housing and studio spaces.
The prices in Aurora are lower than in traditional hotspots, offering a great opportunity for those looking to invest in a rapidly developing area. The neighborhood is popular with young artists and entrepreneurs. Strengths include its vibrant community and artistic vibe.
Weaknesses are remnants of industrialization and ongoing construction. However, its transformation suggests a bright future, with increasing popularity likely as it continues to develop.
Barriera di Milano
Barriera di Milano has seen a significant transformation, moving from a working-class area to a trendy neighborhood.
Initially more utilitarian, it now boasts new restaurants, cafes, and galleries. This change has brought a fresh, dynamic atmosphere, attracting a younger, trend-seeking demographic.
Property prices in Barriera di Milano are reasonable, making it an attractive option for those priced out of more established areas. Its strengths are its evolving cultural scene and improved amenities.
The downside is that it's still shedding its old reputation, and some parts are in transition. Nonetheless, its trajectory suggests a rising popularity, especially among younger residents.
Vanchiglia
Vanchiglia is a neighborhood on the rise, blending old-world charm with new energy.
It's historically been a quieter area but is now gaining popularity for its artistic community and proximity to the city center.
The area is drawing in a diverse mix of residents, from students to young families, attracted by relatively lower property prices and a sense of community. Strengths include a balance of tranquility and urban life, along with a growing arts scene.
Its weaknesses are the risk of gentrification and the uneven pace of development. Vanchiglia is likely to continue growing in popularity, offering a unique mix of tradition and modernity.
Make a profitable investment in Turin
Better information leads to better decisions. Save time and money. Download our guide.