by Guisela Chiarella
Trieste’s real estate market continues to experience steady growth in early 2025, despite consistently high property prices that remain challenging for many prospective buyers, according to recent data compiled by the provincial branch of Fimaa, the Italian Federation of Real Estate Agents. The analysis was presented at a conference titled “Regularity and Transparency in the Real Estate Market,” with contributions from Terziaria Venezia Giulia, Formula Coach, and Unoenergy.
The report, based on data from all 80 members of the local federation, offers a detailed overview of current housing trends in the region. Andrea Oliva, president of Fimaa Trieste, noted that the increase in transactions is influenced by slightly lower mortgage interest rates, growing demand for energy-efficient homes, and the city’s international appeal. However, he pointed out that prices have remained relatively stable due to high renovation costs and average income levels that limit access to credit.
Prices remain elevated throughout the province, particularly in the city center and the nearby town of Muggia. The report highlights a notable rise in demand and prices in Duino and the western plateau areas.
The Costiera region continues to be the most expensive area, with prices for new properties averaging around €5,000 per square meter. Homes with features such as terraces and elevators tend to sell more quickly, often within just a few weeks.
However, residents interviewed for this report described a very different reality on the ground. All those we spoke with said they had witnessed a clear upward trend in property values. Many noted that what they were able to purchase around eight years ago has now doubled in price, making it increasingly difficult for first-time buyers to enter the market.
The contrast between official market data and the lived experience of residents reflects broader concerns about long-term affordability and housing accessibility in Trieste’s evolving real estate landscape.
