Real estate prices in Padova are influenced by several critical factors, including location, property type, and market demand. Properties in the historic center, such as those near Prato della Valle or the University area, can command prices upwards of €3,500 per square meter due to their cultural significance and proximity to amenities. In contrast, areas on the outskirts, like Sacro Cuore, might see prices closer to €1,800 per square meter. Economic conditions also play a role; for instance, the average time on the market for homes in Padova has decreased to about 55 days, indicating a competitive market driven by low-interest rates and an influx of buyers seeking investment opportunities. Additionally, the city's educational institutions attract a steady stream of students, influencing demand for rental properties, which can yield average annual returns of around 5-6%. Urban development projects and infrastructure improvements, such as the anticipated expansions of public transport, can further elevate property values over time.