Italy

Massarosa

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Real estate insights for Massarosa

AspectSummary
PopulationApprox. 7,000 residents.
Average Property Price€250,000 - €300,000.
Rental Yield4% - 6%.
Average Rent€800 - €1,200 per month.
Occupancy Rate85% - 90%.
Capital Growth Rate3% annually.
Property Tax0.76% - 1.06% of property value.
Transaction Costs7% - 10% of purchase price.
Expected ROI5% - 7% over 5 years.
Economic Growth ImpactModerate; tourism drives local economy.

Massarosa FAQ

  • What is the average price per square meter in Massarosa?

    The average price per square meter in Massarosa varies depending on the location and type of property. As of 2023, residential properties in the town typically range from €1,500 to €2,500 per square meter. In more desirable areas, like those closer to the lakes or hills, prices can reach upwards of €3,000 per square meter, especially for villas with views. For example, a modest apartment may list for around €1,800 per square meter, while larger homes offering panoramic scenery could be priced around €2,800 to €3,200 per square meter. Additionally, properties in the historic center tend to command higher prices, reflecting their appeal and proximity to amenities. In contrast, outskirts can see prices dip to around €1,200 per square meter, particularly for older structures needing renovation.

  • How have real estate prices in Massarosa changed in the last year?

    Over the past year, real estate prices in Massarosa have experienced a notable increase, reflecting broader trends in the Italian market. As of October 2023, the average price per square meter has risen from approximately €2,200 to around €2,400, marking an 8.5% appreciation. Specific properties have shown even more significant changes; for example, a three-bedroom villa that was listed at €350,000 last year has seen its price surge to €375,000, highlighting a consistent upward trajectory in desirable residential areas. Furthermore, smaller apartments in the town center, previously priced at €150,000, are now approaching €165,000, indicating a growing demand for urban living options. The increase is attributed to a variety of factors, including Massarosa's appeal as a tranquil yet accessible location for both local and international buyers.

  • What factors influence property prices in Massarosa?

    Property prices in Massarosa are influenced by several key factors, including location, local amenities, and market trends. Homes in the more desirable areas, such as those near the lakes or with views of the Apuan Alps, can command prices upwards of €3,000 per square meter, while properties further from these attractions may range from €1,800 to €2,500 per square meter. The availability of public services like schools, healthcare, and shopping centers also plays a significant role; properties located near well-rated schools or extensive retail options tend to attract higher bids. Seasonal tourism affects the real estate market too; during peak seasons, vacation homes can see rental yields of around 7-10%, increasing overall demand and pushing prices higher. Lastly, economic conditions in the broader Tuscan region, including factors like unemployment rates and investment in infrastructure, can also influence property values in Massarosa, with fluctuations often reflecting the economic climate of surrounding urban centers such as Lucca or Viareggio.

  • Are properties in Massarosa more expensive near the coast?

    Properties in Massarosa tend to exhibit a notable price disparity depending on their proximity to the coast. For instance, a villa just a stone's throw from the beach in nearby Lido di Camaiore can sell for upwards of €700,000, while similar properties located further inland might be listed at around €400,000 to €500,000. In the central area of Massarosa, houses that are approximately 10 km from the coastline typically range from €250,000 to €350,000, depending on their size and amenities. Furthermore, the average price per square meter for homes within 1 km of the coastal region can reach as high as €3,000, whereas properties located more than 5 km away may drop to around €2,000 per square meter. These figures clearly illustrate the financial premium associated with coastal living in this region.

  • What types of properties are generally cheaper in Massarosa?

    In Massarosa, properties such as older apartments and rural homes tend to be more affordable compared to newer constructions or luxury villas. For instance, a two-bedroom apartment in the town center may range from €100,000 to €150,000, while similar-sized homes on the outskirts can be found for around €80,000 to €120,000. Houses in need of renovation, particularly those built 30-50 years ago, can often be purchased for as low as €70,000, depending on the location and condition. Conversely, newly built villas or properties with extensive views of the surrounding landscape can easily exceed €300,000, making them significantly pricier than their older counterparts. Properties with less desirable features, such as limited access to amenities or those located on busy roads, also fall into a lower price bracket.

  • How do seasonal trends affect real estate prices in Massarosa?

    Seasonal trends significantly impact real estate prices in Massarosa, particularly due to its appeal as a summer tourist destination. During the peak summer months of June to August, property prices can see an increase of approximately 10% to 15% compared to the winter months, driven by heightened demand for vacation rentals and second homes. For instance, a villa that might be listed at €350,000 in January could rise to around €400,000 come July, reflecting this seasonal influx of buyers seeking leisure properties. Furthermore, the period leading up to the summer can see higher sales activity, with many buyers aiming to finalize purchases before the tourist season begins. Conversely, during the off-peak months—specifically from November to February—prices often stabilize or slightly decline, with reductions of about 5% as fewer buyers are active in the market. The local rental market also mirrors these trends, with rents for short-term rentals climbing by as much as 30% during peak summer weeks.

  • What are the common price ranges for homes in Massarosa?

    In Massarosa, home prices can vary significantly based on location, size, and condition of the property. Generally, you might find smaller apartments and studios in the range of €80,000 to €150,000. For family-sized homes, you could expect prices starting around €200,000 and going up to €400,000, depending on factors like the number of bedrooms and proximity to amenities. Larger villas or properties with extensive land could be listed upwards of €500,000, with some exceptional listings reaching beyond €1 million, especially those with stunning views of Lake Massaciuccoli or the surrounding countryside. Additionally, properties in more sought-after areas, such as close to the coast, often command premium prices compared to those further inland.

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