Residential property market trends
(SOURCE OMI, data processing ART-ER)
The Bolognese territory is made up of 55 municipalities organized into seven Unions. Overall, the number of transactions for the residential property market has grown across the entire metropolitan area in the 2018-2023 period, from 13,596 transactions (NTN) in 2018 to 14,634 in 2023 with a percentage increase of 7.6%.
In terms of property size, transactions in the metropolitan area of Bologna in 2023 can be broken down as shown:
- 9% properties up to 50 sqm
- 37% properties between 50 sqm and 85 sqm
- 30% properties between 85 sqm and 115 sqm
- 12% properties between 115 sqm and 145 sqm
- 12% over 145 sqm
Cultural and natural heritage, accommodation, tourism
Bologna – home to the oldest university in the Western world – is an UNESCO world heritage site thanks to the 62 km of porticoes, in particular in its historic centre. The entire metropolitan area offers historical attractions such as the village of Dozza, Imola’s Rocca Sforzesca and the Rocchetta Mattei. The territory registers an annual presence of 5,807,269 visitors (2024, RER) and an accommodation capacity of approximately 44,943 beds (2023, RER). The city is connected with other areas of interest through naturalistic itineraries in the Apennines, such as the “Via degli Dei” which leads to Florence. Food and wine tradition (from tortellini and mortadella to Pignoletto) is combined with cultural attractions that include international festivals such as Cinema Ritrovato, linked to an important cinema restoration centre, and Biografilm. Bologna is UNESCO Creative City of Music, boasting a lively context and a municipal theatre that is one of the most prestigious in Italy.
For more information: https://emiliaromagnaturismo.it/en/towns/bologna
