“Expensive” home: in Verona and its province the price of greens skyrockets, but the increases are everywhere.
TO Verona, investing in a newly built house involves a 41% higher price compared to the purchase of a property to be redeveloped. The data therefore highlights that homes with energy class A or B, already efficient, they have a average price of 3,138 euros per square meterwhile those of class F or G, less efficient, stand at just over 2,200 euros per square meter. These themes, as reported Box, were discussed during a conference held in Verona at the Crown Plaza, organized by the Unione Immobiliare Aspesi Triveneto in collaboration with Immobiliare.it.
Eco-sustainability costs money.
Whoever aims for one eco-sustainable residence, must therefore be willing to invest sums considerable. In this way will exceed the average value of properties for sale by more than 600 euros in Verona city, currently set around 2,524 euros per square meter. The properties with intermediate energy class (C, D, E) they are instead closer to the average, with a price of approx 2,660 euros per square meter.
Skyrocketing increases.
Even in Verona, as in many other large Italian cities, prices of homes for sale increased by 4% in the last year. As for the rents, the increase was even more marked, reaching 6.5%with an average cost of 11.4 euros per square meter. Trends change, however, when it comes to supply and demand. While thesupply of homes for sale decreased by only 0.5% and demand remained stable compared to the previous year, in the furniture sector rents there was an increase in both the number of available homes (+12.5%) and demand (+16.4%).
Singles are the most penalized.
Furthermore, the price increase made it more difficult for singles and couples with an average incomefind affordable accommodation on the market. In 2019, in Verona, 26.4% of apartments were accessible to a single person with average income, but in 2023 this percentage dropped dramatically to 4.5%. The situation is even more critical for two-room apartmentswhich are the type of accommodation most searched for by those who live alone: only 8.2% were affordable late last year, rcompared to almost 50% in 2019 and 21% in 2022.
Increases also in the province.
In the province of Verona, the average prices of houses currently for sale, they are lower than in the citywith an average cost of 2,138 euros per square meter. There is therefore a 6% price increase compared to the previous year. Also rents have undergone a notable increase in the province, rising to 8.7%, therefore to 9.8 euros per square meter. It has increased recently the interest for the rent, with an increase of 50% in the year, while thesupply decreased by 26.8%.
Accessibility in the province.
As for accessibility, the trend in province of Verona is similar to that of the city. In 2019, a single with average income could afford the 61.8% of two-room apartments, while in 2023 this percentage has dropped to 26.9%. For apartments in general, the accessibility percentage went from 34.7% to 14.8%.
Finally, also the number of real estate transactions in the province, follows a similar trend to that of Verona, recording a significant decline from 10,087 in 2022 to 9,855 in 2023.
