Buying a house in Verona: prices are rising in the semi-central neighborhoods.
In the second half of 2024, house prices in Verona recorded an average increase of 3.3%, according to data from the Tecnocasa Group Research Office. The trend shows varying dynamics across the city, with a preference for semi-central and residential areas, thanks in part to new construction projects and investor interest.
In Verona's historic center, prices have seen a modest increase (+1.0%). Luxury properties, particularly those with panoramic views of important squares, remain the most sought-after, with prices reaching up to €7,000-8,000 per square meter.
The area remains attractive to investors interested in converting it into a vacation home , a phenomenon that, combined with the lack of parking, makes the market less competitive for families, who prefer to move to more peripheral areas. The rental market for two-bedroom apartments stands at around €800 per month. New construction is underway at the former Bank of Italy headquarters and on Stradone San Fermo, with prices for new apartments ranging between €8,000 and €9,000/sq m.
Borgo Venezia is growing rapidlyThe Borgo Venezia macro-area recorded one of the largest increases in the period, +5.3%. This increase is due to limited supply and growing demand, also supported by the credit market. The area is popular for its proximity to the city center and accessibility.
In recent months, there has been an increase in student housing, with rents around €350 per room, encouraging small investors to purchase. Average prices for used properties are €1,300-1,400/sq m, while renovated properties range from €2,000-2,500/sq m. The hilly areas of Novaglie, Nesente, and Santa Maria in Stelle are primarily home to detached houses and rustic farmhouses.
| Verona | Price variations for the second semester |
|---|---|
| Center | +1.0% |
| Borgo Trento | +5.3% |
| Borgo Milano-Stadium-Navigators | +0.9% |
| Borgo Roma-Golosine | +2.1% |
| Borgo Venezia | +5.3% |
The Borgo Trento macro-area in the city of Verona also recorded a +5.3% increase in the second half of 2024. The Ponte Crencano area is particularly lively, where new construction has positively impacted the used property market. Prices hover around €1,800/m² for properties in good condition.
In Parona, a more peripheral but well-connected area, recent constructions are available for €1,600-1,800/sq m, with peaks of up to €2,000/sq m. The Quinzano and Avesa area is highly sought after for its residential and green surroundings: detached and semi-detached homes sell for around €1,700/sq m.
Valdonega and Pindemonte are also growing, thanks to their proximity to the hospital and services. In Pindemonte, a well-maintained apartment costs around €2,000/sq m, while in Valdonega, luxury properties cost up to €2,200/sq m. Prices are stable in Cesiolo, with values around €1,900/sq m.
Borgo Milano-Stadio-Navigatori recorded a 0.9% increase. Prices are rising slowly but steadily, supported by demand from families and young couples.
In Borgo Roma and Golosine, the increase was 2.1%. Older properties benefited from the pull of new construction, especially in the Quinto Marzana area, where prices for new properties reach €2,500-2,600/sq m. Homes from the 1970s, 1980s, and early 2000s sell for around €1,200/sq m.
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