In the Umbria region the real-estate market has expanded considerably in recent years. The average prices of dwellings have increased by 48% in 5 years, which is above the national average (source: Scenari Immobiliari). Even sharper increases have occurred in the old part of Perugia (+55%).
As far as concerns the number of deals, the number of dwellings sold/bought in 2005 was slightly less than 15,000, more or less the same number as in the previous years.
A large proportion of purchasers of real estate in this region consists of foreign families. Resident immigrants account for about 14% of the overall demand, while foreigners buying a holiday house account for about 20% of the total number of purchasers.
In recent years there has been a rapid increase in the demand for typical country houses, sought after by Italian customers living in large cities (Rome, Milan, Naples) and by foreign customers. The prices for recently refurbished traditional stone houses are comprised within a range varying from 2,200 and 2,800 Euros per square metres, having increased by about 70% since 2000.
Prices for houses in the country requiring refurbishment and with their own land, vary from 400 to 1,000 Euro per square metre, up about 85% since 2000.
The demand continues to be strong and the number of sales/purchases is stable.

Last up-date: 30th June 2006