Trieste Emerges as a Hub for Foreign Investors in 2024

Trieste Emerges as a Hub for Foreign Investors in 2024

The real estate market in Trieste continues to stand out internationally, recording a significant in-crease in demand from foreign buyers in 2024. Central and Eastern European investors are among the most prominent, with a sharp rise in interest from Hungary and Austria, followed by the United States, Germany, Australia, and Canada.

Foreign Interest on the Rise: Spotlight on Hungary and Austria

Recent data show that over 20% of total inquiries for properties in the area come from Hungary, closely followed by Austria at approximately 19%. Particularly noteworthy is the Austrian demand, which grew by an estimated 12% compared to the previous year.

American buyers follow with around 14% of total inquiries, confirming the ongoing overseas inter-est in the city of Trieste. Completing the ranking are Germany (8.6%), Australia (5.4%), and Can-ada (5%).

Beyond Trieste: Spotlight on Muggia and Duino Aurisina

While Trieste remains the most sought-after destination for investors, surrounding municipalities are also seeing a significant uptick in interest. In detail:

• Trieste accounts for over 75% of total inquiries
• Muggia shows substantial growth, reaching 14%, up 44% compared to 2023
• Duino Aurisina follows with a solid 11%

Demand is focused on areas offering scenic value, proximity to the sea, and high living standards—qualities increasingly appreciated by international buyers.

High-End Property Demand

Another key trend is the price range of the properties being sought. Around 29% of requests con-cern high-value properties priced above one million euros. Moreover, over a quarter of investors are looking for properties between €250,000 and €500,000, indicating a strong mid-to-high-end market.

A Strategic Opportunity for the Region

The rise in foreign demand represents a strategic lever for urban and tourism development. Interna-tional real estate investment can contribute to:

• the regeneration of local building heritage,
• an increase in international residency,
• greater cultural and economic value for the area.

Trieste thus positions itself as a prime destination for those seeking quality of life, valuable real es-tate opportunities, and a prestigious European setting.

 

Fonte: dati Web

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